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Fly News Breaks for December 22, 2016
AME
Dec 22, 2016 | 08:00 EDT
As previously reported, Baird analyst Richard Eastman upgraded Ametek to Outperform from Neutral. He said that despite a lack of near-term catalysts, he expects the company's core growth to cycle positive by mid-2017, adding that O&G recovery and capital deployment offer upside. Eastman raised his price target to $57 from $47 on Ametek shares.
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