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Fly News Breaks for May 2, 2016
CIR
May 2, 2016 | 08:01 EDT
As noted earlier, Stifel upgraded CIRCOR to Buy from Hold. The firm thinks that the company's distributed valve business will benefit as higher oil prices spur E&P companies to complete their wells more quickly. Additionally, the firm is upbeat on the company's management and believes that it has a strong balance sheet. Target $68.
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