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Fly News Breaks for March 8, 2016
ATU
Mar 8, 2016 | 06:49 EDT
SunTrust downgraded Actuant to Neutral and lowered its price target to $22 from $26 following reduced Q2 guidance. Analyst Charles Brady said 2016 guidance has not been quantified and expects it to be much lower and sees potential for further share downside if end markets do not stabilize.
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