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Fly News Breaks for March 24, 2017
UL, UN
Mar 24, 2017 | 05:38 EDT
Barclays analyst Alex Smith upgraded Unilever to Overweight saying the company is among the best positioned staples companies to benefit from" emerging market category development." The analyst also expects Unilever to expand its ZBB initiatives to more mature categories, leading to higher margin guidance. Smith raised his price target for the shares to EUR 50.40.
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