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Fly News Breaks for November 25, 2019
BHE
Nov 25, 2019 | 08:58 EDT
Lake Street analyst Jaeson Schmidt initiated coverage of Benchmark Electronics with a Buy rating and $38 price target. The analyst believes Benchmark's transition to higher-value markets and the recent appointment of a new CEO have positioned the company for high-single to low double-digit growth longer-term. Investors are not fully appreciating the improving leverage as this transition continues, Schmidt tells investors in a research note.
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