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Fly News Breaks for November 25, 2015
BECN
Nov 25, 2015 | 08:46 EDT
Baird raised its price target on Beacon Roofing to $49 from $40 following better than expected Q4 results and guidance. The firm cited signs of improvement in residential re-roofing, gross margin trends and continued excellent expense discipline. Baird reiterated its Outperform rating on Beacon Roofing shares.