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Fly News Breaks for February 19, 2020
SCI
Feb 19, 2020 | 07:32 EDT
Raymond James analyst John Ransom raised his price target for Service Corp to $58 from $54 and reiterated an Outperform rating following the company's in-line Q4 results and "about as expected" initial 2020 outlook. The analyst says he continues to believe that shareholders will benefit from capital returns from Service Corp's strong free cash flow stream and what he expects to be a gradual long-term demographic tailwind.
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