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Fly News Breaks for March 24, 2017
CSTE
Mar 24, 2017 | 07:58 EDT
As noted earlier, Stifel upgraded Caesarstone to Buy from Hold. Analyst John Baugh says that the company's U.S. business is beginning a positive turning point as quartz continues to take share from traditional countertop surfaces. Additionally, the analyst is upbeat on the new CEO's decision to prioritize revenue growth ,and he thinks that its U.S. business is making investments that will reinvigorate its growth. Target to $47 from $33.
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