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Fly News Breaks for December 12, 2016
PEIX
Dec 12, 2016 | 15:43 EDT
Craig-Hallum analyst Eric Stine said Pacific Ethanol's debt refinancing removes an overhang and provides a meaningful catalyst for the stock. The analyst, who views the refinancing as having been done at favorable terms, raised his price target on the stock to $14 from $10 and keeps a Buy rating on the shares.
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