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Fly News Breaks for December 23, 2019
PFGC
Dec 23, 2019 | 07:21 EDT
Wells Fargo analyst Edward Kelly raised his price target to $59 from $53 after the company announced that the FTC has approved its acquisition of Reinhart, a "game-changing deal" that he believes should propel the stock to much higher levels. The analyst reiterates an Overweight rating on the shares.