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Fly News Breaks for January 30, 2018
WRK, KS
Jan 30, 2018 | 09:43 EDT
Citi analyst Anthony Pettinari yesterday downgraded KapStone (KS) while raising his price target for the shares to $35 from $29. The analyst thinks competing takeover bids to WestRock's (WRK) are unlikely given the deal valuation and WestRock's ability to drive superior synergies.
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