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Fly News Breaks for August 7, 2019
BECN
Aug 7, 2019 | 10:12 EDT
Stephens analyst Trey Grooms lowered his price target for Beacon Roofing to $37 from $45 after the company reported "disappointing" Q3 results with management pointing to weather as the culprit, which drove volume below expectations and a more competitive pricing environment. The analyst reiterates an Overweight rating on the shares.
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