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Fly News Breaks for July 19, 2016
ASTE
Jul 19, 2016 | 06:56 EDT
As previously reported, Baird downgraded Astec to Neutral from Outperform and maintained its $55 price target. Analyst Micea Dobre believes further outperformance may be limited going forward saying execution is key and notes rising raw material costs, lumpy orders, and typically choppy results.
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