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Fly News Breaks for February 8, 2018
AZSEY, XL
Feb 8, 2018 | 04:58 EDT
Deutsche Bank analyst Joshua Shanker upgraded XL (XL) Group to Hold citing the threat of an acquisition after Bloomberg reported that the company has attracted interest from rivals including Allianz (AZSEY). The analyst keeps a $32 price target for the shares. He does not believe an acquisition of XL makes sense for Allianz, however.
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