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Fly News Breaks for October 8, 2015
MATX
Oct 8, 2015 | 07:24 EDT
After attending Matson's analyst day meeting, Stephens analyst Jack Atkins said he came away more convinced that the company is positioned to outperform expectations in Q3. Matson remains the firm's Best Idea, given its dominant market position, its substantial free cash flow generation and the "significant hidden earnings power" in its model, said Atkins, who reiterates his Overweight rating and $51 price target on the stock.
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