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Fly News Breaks for January 3, 2020
CVI
Jan 3, 2020 | 06:44 EDT
Credit Suisse analyst Manav Gupta initiated coverage of CVR Energy with a Neutral rating and $43 price target. In a research note to investors, Gupta says he believes the risk reward is balanced and the stock is being fairly valued at current levels, adding that CVR offers limited upside, but at the same time an 8% dividend yield provides downside support.
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