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Fly News Breaks for October 17, 2016
ALLE
Oct 17, 2016 | 06:49 EDT
CLSA analyst Jeremie Capron upgraded Allegion to Buy with a $79 price target following distributor checks that suggest sales growth remained solid in Q3 while pricing continued to trend higher. The analyst expects Allegion's Q3 results to be at the top end of guidance and views the recent pullback in shares as attractive.
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