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Fly News Breaks for October 11, 2017
FLT, TA
Oct 11, 2017 | 05:00 EDT
Citi analyst Alvin Concepcion double downgraded TravelCenters (TA) to Sell from Buy saying the 62% rally over the past month provides an opportunity to take profits. Near-term trends may be challenging and the positive stock catalyst of a favorable FleetCor (FLT) litigation ruling has already occurred, Concepcion tells investors in a research note. He keeps a $4.50 price target for the shares.
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