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Fly News Breaks for March 8, 2019
JVA
Mar 8, 2019 | 08:14 EDT
Maxim analyst Stephen Anderson raised his price target on Coffee Holding to $11 and kept his Buy rating after his meeting with its CEO last week and ahead of its Q1 earnings next week. The analyst is modeling upside from the company's new private-label business, raising his FY19 EPS view to 35c from 32c. Anderson adds that his assumptions still do not assume a potential launch of a CBD-infused coffee product by Coffee Holding.
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