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Fly News Breaks for November 8, 2018
VRS
Nov 8, 2018 | 09:03 EDT
BWS Financial analyst Hamed Khorsand raised his price target for Verso to $50 saying the company's Q3 results affirmed the current tight supply environment for coated paper. Persistent sold out conditions should provide Verso with more pricing power, Khorsand tells investors in a post-earnings research note. He keeps a Strong Buy rating on the shares.
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