In the Margins
Eaton Vance will pay $53 million for Calvert Investment Management, it was revealed during a conference call. Citi analyst William Katz remains favorably disposed to the deal. He reiterated a "neutral" rating but raised his price target by 50 cents to $39.50 and raised his fiscal 2017 and 2018 earnings per share estimates by a few pennies each. Read the original story from Barron's.
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