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Fly News Breaks for March 4, 2016
XL
Mar 4, 2016 | 06:37 EDT
Goldman analyst Michael Nannizzi downgraded XL Group to Neutral from the Conviction Buy List and lowered his price target to $39 from $43 on shares. The analyst said the path to underlying margin improvement within Insurance may take longer than previously expected as XL continues to integrate the two platforms in an increasingly difficult environment.
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