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Fly News Breaks for January 16, 2020
CFX
Jan 16, 2020 | 05:01 EDT
Goldman Sachs analyst Joe Ritchie reinstated coverage of Colfax with a Buy rating and $44 price target. The company, following the DJO acquisition and the sale of its Air & Gas handling business, has a fundamentally much different portfolio with higher margins, reduced cyclicality and greater growth potential, Ritchie tells investors in a research note.
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