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Fly News Breaks for January 9, 2020
PLYA
Jan 9, 2020 | 06:41 EDT
Macquarie analyst Chad Beynon initiated coverage of Playa Hotels & Resorts with an Outperform rating and $10 price target. The company offers the best way to play leisure tourism growth to Mexico and the Caribbean, Beynon tells investors in a research note titled "Beachfront property at massive discount." The analyst says his 500 person survey gives him confidence in Playa's turnaround.
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