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Fly News Breaks for September 22, 2016
ALOG
Sep 22, 2016 | 07:19 EDT
Brean Capital analyst Jason Wittes raised his price target on Analogic to $100 from $90 following Q4 results. The analyst felt the earnings quality was good, especially on the expense control line. Expectations are for continued revenue growth, margin expansion, and less challenging conditions in the second half of the year. Wittes reiterated his Buy rating on Analogic shares.
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