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Fly News Breaks for January 26, 2016
RGC
Jan 26, 2016 | 08:23 EDT
As noted earlier, RBC Capital downgraded Regal to Sector Perform from Outperform. The firm says that the stock is trading at a significant premium to the company's peers, as the shares have outperformed the sector recently. Given this trend, RBC does not expect the company's shares to rise as much as those of its peers. Target to $19 from $24.