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Fly News Breaks for March 28, 2018
UL, UN
Mar 28, 2018 | 05:21 EDT
UBS analyst Pinar Ergun upgraded Unilever to Buy saying the 17% pullback in the shares since the October 2017 peak has created a "compelling" entry point. The analyst sees no reason to lower 2018 estimates and expects gradually improving volume growth and ongoing EBIT margin expansion. Ergun keeps a EUR 49 price target for the shares.
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