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Fly News Breaks for September 23, 2019
AXE
Sep 23, 2019 | 07:13 EDT
As previously reported, Wells Fargo upgraded Anixter International to Outperform from Market Perform and raised her price target on the shares to $90 from $70. The firm has a positive short- and long-term stance on shares as the core three segments in place, sales and margins beginning to reaccelerate, and given a new cost-savings program driving improved capital efficiency and cutting corporate overhead, and an attractive valuation.
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