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Fly News Breaks for November 2, 2018
AMOT
Nov 2, 2018 | 08:45 EDT
Craig-Hallum analyst Greg Palm maintained a Buy rating on Allied Motion and raised his price target to $62 from $58 following yesterday's "excellent" results. In a research note to investors, Palm says he sees additional means for upside including upward earnings revisions, continued macro strength, new business awards, and M&A, and calls Allied Motion a "top idea."
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