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Fly News Breaks for June 10, 2016
CFX
Jun 10, 2016 | 07:39 EDT
Cowen said they now consider Colfax a top idea as they believe consensus estimates are too low. The firm cited positive fabrication checks, upside to margins, and a company that is under-owned with a major transition in place. Cowen reiterated its Outperform rating and raised its price target to $36 from $33 on Colfax shares.
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