Barclays Initiates Reynolds American With Overweight

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Barclays initiated coverage on
Reynolds American, Inc.RAI
with a Overweight rating. The target price for Reynolds American is set to $83. Reynolds American shares have gained 22.48 percent over the past 52 weeks, while the S&P 500 index has surged 8.07 percent in the same period. Reynolds American shares climbed 2.30 percent to close at $76.61 yesterday.
Posted In: InitiationAnalyst RatingsBarclays
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