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Fly News Breaks for December 13, 2019
Dec 13, 2019 | 08:42 EDT
JPMorgan analyst Kenneth Worthington upgraded Eaton Vance to Neutral from Underweight with an unchanged price target of $49. While the analyst continues to see competitive risk to Eaton Vance's custom beta businesses, he sees that risk developing over the intermediate term. In the near term, Eaton Vance is benefiting from greater sales from ESG manager Calvert, Worthington tells investors in a research note.
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