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Fly News Breaks for March 9, 2018
VRS
Mar 9, 2018 | 08:36 EDT
BWS Financial analyst Hamed Khorsand raised his price target for Verso to $30 saying the increase in the price of coated paper has allowed the company to realize greater cash flow from operations. Fundamentals remain highly attractive to support Verso being sold through its strategic alternative process, Khorsand tells investors in a research note following the company's Q4 results. He keeps a Buy rating on the shares.
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