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Fly News Breaks for July 22, 2016
OLN
Jul 22, 2016 | 09:06 EDT
After Olin issued a negative preannouncement, RBC Capital says that it continues to expect the company to benefit from ongoing caustic price momentum,. The firm continues to believe that the company's EBITDA can rise over the longer term ,and it thinks that a decline of about 20% in the stock would create a buying opportunity. It keeps an Outperform rating on the shares.
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