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Fly News Breaks for February 8, 2016
BECN
Feb 8, 2016 | 09:01 EDT
As previously reported, Raymond James upgraded Beacon Roofing to Strong Buy from Outperform. Analyst Sam Darkatsh said Beacon's acquisition of RSG is a "game changer," with material procurement savings and pricing stability. The analyst views the selloff on Friday, due in part to channel inventory concerns, as misguided.