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Fly News Breaks for February 9, 2018
TOT
Feb 9, 2018 | 08:48 EDT
Bernstein analyst Oswald Clint upgraded Total to Outperform from Market Perform and raised his price target on the stock to $66 from $59, as he believes the company is back to volume growth along with its peers. Clint thinks the company's 5.5% dividend yield, $5B buyback and newly announced plan for 10% dividend growth to 2020 creates a compelling potential for total shareholder returns, he tells investors.
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