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Fly News Breaks for September 18, 2015
CFX
Sep 18, 2015 | 07:57 EDT
Cowen lowered its price target on Colfax to $40 from $46 following meetings with management, who said key end-markets seem unlikely to quickly reverse. The firm also noted execution at Fabrication is lagging, which will likely lead to near-term restructuring. Cowen maintained its Market Perform rating on Colfax shares.
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