Deutsche Bank Upgrades Distribucion y Servicio (DYS) to Hold
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Deutsche Bank upgrades Distribucion y Servicio (NYSE: DYS) from Sell to Hold. Price target increased from $20 to $23.
Deutsche analyst says, "After the stock's 20% correction YTD, we believe its weak top line growth outlook is already priced in. Besides, we believe there could be further room for margin improvements thanks to higher focus on containing expenses."
Distribucion y Servicio D&S S.A. is a supermarket company in Chile engaged in the distribution and sales of food and food-complementary items.
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