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Fly News Breaks for December 11, 2015
CFX
Dec 11, 2015 | 06:16 EDT
Cowen analyst Joseph Giordano initiated Colfax with an Outperform rating and lowered his price target to $33 from $40 on shares. Giordano views valuation as attractive and said end-market pressures are well known headwinds and the new CEO will have his first opportunity to present his strategic vision on the December 17 Investor Day.
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