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Fly News Breaks for November 8, 2016
XL
Nov 8, 2016 | 06:22 EDT
BofA/Merrill analyst Jay Cohen added XL Group to the US 1 List citing discounted valuation that don't reflect future ROE improvement. He expects lower integration costs, cost savings realization, and ongoing active capital integration to drive book value growth and ROE improvement. Cohen rates XL Group a Buy with a $44 price target.
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