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Fly News Breaks for July 6, 2017
CECE
Jul 6, 2017 | 09:31 EDT
As previously reported, Needham analyst Sean Hannan upgraded CECO Environmental to Strong Buy from Buy, with a $13 price target, considering a "solid" base business, an encouraging recent set of changes within management, opportunities for operational improvement and particularly low valuation. Moreover, the analyst sees "notable upside potential" to the shares with only moderate downside risk.
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