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Fly News Breaks for July 7, 2015
JOE
Jul 7, 2015 | 07:47 EDT
Raymond James upgraded Saint Joe Co. to Outperform with a $18.50 price target. The firm believes the new Bay-Walton land use plan marks an inflection point that could accelerate efforts to hire a new CEO, increase investor commutations, and unlock potential cash for stock repurchases. Raymond James views risk/reward as compelling with long-term upside if the project proves sustainable.
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