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Fly News Breaks for July 28, 2015
BECN
Jul 28, 2015 | 08:25 EDT
As reported previously, Baird upgraded shares of Beacon Roofing to Outperform from Neutral citing the strategic fit of its acquisition of RSG. The firm cited the attractive cost of the acquisition and realistic synergies that will accrue over the next two years. Baird raised its price target to $40 from $33 on Beacon Roofing shares.
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