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Fly News Breaks for August 11, 2015
XL
Aug 11, 2015 | 05:19 EDT
Goldman Sachs analyst Michael Nannizzi upgraded XL Group to Conviction Buy saying the company's low relative valuation makes buybacks attractive. Nannizzi believes XL has "plenty of options" to create shareholder value and raised his price target for the stock to $44 from $40.
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