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Fly News Breaks for December 13, 2017
JVA
Dec 13, 2017 | 08:53 EDT
Maxim analyst Stephen Anderson assumed coverage of Coffee Holding with a Buy rating and a price target of $7 after coverage was previously suspended. Anderson says the company's sales growth has steadied and coffee prices are expected to remain stable over the next 12-24 months, supporting margins. The analyst also views international expansion and "tuck-in acquisitions" as potential catalysts going forward.
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