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Fly News Breaks for January 14, 2016
MGA
Jan 14, 2016 | 08:00 EDT
Canaccord said Magna shares remain attractive following its updated guidance. The firm said investors should benefit from good earnings growth over the next two years, margin expansion, and better dividend growth. Canaccord reiterated its Buy rating and lowered its price target to $56 from $66 on Magna shares.