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Fly News Breaks for December 9, 2015
CSTE
Dec 9, 2015 | 07:30 EDT
UBS lowered its price target on Caesarstone to $55 from $64 to better reflect growth trends in the various countries the company operates. The firm believes the long-term trajectory for the company's expansion remains intact, as its free cash flow leaves it well positioned to pursue growth opportunities. UBS maintained its Buy rating on Caesarstone shares.
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