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Fly News Breaks for October 2, 2015
SWFT
Oct 2, 2015 | 07:46 EDT
After Swift lowered its 2015 guidance, Wells Fargo reduced its estimates for the company and cut its valuation range on the stock to $20-$21 from $30-$31. The firm expects the stock to rebound significantly over the longer term and keeps an Outperform rating on the shares.
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