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Fly News Breaks for June 6, 2019
FCAU, RNSDF
Jun 6, 2019 | 08:10 EDT
Evercore ISI analyst Arndt Ellinghorst, who previously upgraded both Fiat Chrysler (FCAU) and Renault (RNSDF) to Outperform from In Line on his positive view of their potential tie-up, reversed his upgrades of both and returned both stocks to In Line ratings after Fiat Chrysler withdrew its merger proposal.
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