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Fly News Breaks for March 10, 2017
ATU
Mar 10, 2017 | 06:11 EDT
KeyBanc analyst Jeffrey Hammond upgraded Actuant to Overweight with a $32 price target saying he is encouraged by a number of internal initiatives being put in place by its new CEO, while Industrial, its most important segment, is beginning to inflect positively. Following channel checks, Hammond has increased confident in Actuant's ability to hit back-end-loaded guidance despite investor skepticism.
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