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Fly News Breaks for November 25, 2015
CUB
Nov 25, 2015 | 09:21 EDT
BB&T believes that Cubic reported solid results, and the firm thinks that the company's outlook for fiscal 2016 is improving. The firm thinks that potential catalysts, including opportunities involving the Department of Defense and NY mass transit, can drive the stock higher. It raised its price target on the name to $56 from $48 and keeps a Buy rating.
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