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Fly News Breaks for October 6, 2016
CUB
Oct 6, 2016 | 07:22 EDT
Canaccord analyst Ken Herbert raised his price target on Cubic to $54 from $50. The analyst said company focus remains on top-line growth in 2017 with the potential NY CTS contract win as the key catalyst, along with margin improvement. Herbert reiterated his Buy rating on Cubic shares.
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