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Fly News Breaks for April 4, 2018
AOS
Apr 4, 2018 | 05:17 EDT
Goldman Sachs analyst Samuel Eisner upgraded A.O. Smith to Buy and raised his price target for the shares to $73 from $64. The analyst believes the company has a "defensive bend" as housing approaches mid-cycle. He sees A.O. outperforming peers on its pricing power and cash flows generation as well as stable U.S. water heater volumes.
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