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Fly News Breaks for October 11, 2019
AME
Oct 11, 2019 | 06:14 EDT
BofA/Merrill analyst Andrew Obin downgraded Ametek to Neutral from Buy with a price target of $95, down from $105. The analyst reduced 2020 estimates below consensus to reflect macro headwinds, and signs of deceleration that may prompt profit taking given above average valuation.
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