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Fly News Breaks for July 29, 2015
YRCW
Jul 29, 2015 | 07:52 EDT
As previously reported, Raymond James upgraded YRC Worldwide two notches to Strong Buy from Market Perform with a $20 price target. The firm believes YRC's yield initiatives have paid off and EBITDA improvement is progressing and risk/reward favorable. Raymond James expects renewed pricing power and continue efforts to drive operation improvements with fleet and technology investments will drive leverage and investor sentiment.
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