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Fly News Breaks for August 16, 2017
CBI
Aug 16, 2017 | 05:13 EDT
Jefferies analyst Martin Englert downgraded CB&I to Hold and cut his price target for the shares to $12 from $35. The analyst is concerned that cost overruns at the company's two LNG projects could reemerge, adding risk to 2017-2019 earnings.
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