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Stock Market & Financial Investment News

News Breaks
June 2, 2014
07:18 EDTMDCAMDC Partners shares compelling at current levels, says RBC Capital
After meeting with MDC's CFO, RBC Capital thinks the company's recent investments are continuing to pay off. The firm believes that the stock's multiple should rise due to the company's ability to grow more quickly than its peers. RBC Capital estimates that the company's free cash flow can increase 20%-30% over the next several years, and it keeps an Outperform rating on the stock.
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