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Fly News Breaks for October 21, 2019
RCI, SJR
Oct 21, 2019 | 07:46 EDT
TD Securities analyst Vince Valentini downgraded Shaw Communications (SJR) to Buy from Action List Buy in order to make room to add Rogers (RCI). Valentini made no changes to his forecasts or C$32 price target for Shaw and said he is still positive about its short- and long-term outlook, but he sees more near-term upside potential in Rogers shares.