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Fly News Breaks for June 5, 2015
VRTS
Jun 5, 2015 | 07:05 EDT
Jefferies upgraded Virtus Investment to Buy from Hold saying the valuation is attractive at current levels, even when assuming a total loss of AlphaSector funds and a negative outcome from the SEC investigation. The firm believes a positive outcome to either could drive share upside and keeps a $145 price target for the name.
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