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Fly News Breaks for September 23, 2016
USG
Sep 23, 2016 | 07:28 EDT
BofA/Merrill analyst John Lovallo initiated USG with a Buy and a $36 price target. The analyst expects a meaningful uptick in margins following the pending sale of its distribution business and said its plans to deleverage could provide an opportunity for capital return or M&A opportunities.
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