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Fly News Breaks for March 13, 2017
XL
Mar 13, 2017 | 08:16 EDT
Sandler O'Neill analyst Paul Newsome downgraded XL Group to Hold and lowered his price target for the shares to $41 from $46. The analyst sees a competitive market in most of XL's businesses and feels the company will be challenged to improve profit margins in a falling rate environment.
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