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Fly News Breaks for June 28, 2017
CKH
Jun 28, 2017 | 07:49 EDT
After Seacor sold its equity interest in the Illinois Corn Processing plant, Stifel analyst Benjamin Nolan says the deal " streamlines the overall business to a more shipping-focused enterprise while providing additional funds for debt repayment or acquisition opportunities which offer strong return potential." The analyst trimmed his price target on Seacor to $37 from $40 but keeps a Buy rating on the stock.
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