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Fly News Breaks for May 24, 2018
KSU
May 24, 2018 | 07:27 EDT
Stifel analyst Michael Baudendistel resumed coverage of Kansas City Southern with a Buy rating and $130 price target, citing its revenue growth opportunities given its unique positioning in Mexico and at the border and investments made in the Gulf Coast chemicals region. Rail group investors can get the company's superior volume growth "for the price of NAFTA risk," which Baudendistel said he sees as "a worthwhile trade."