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Fly News Breaks for May 31, 2017
DCI
May 31, 2017 | 06:16 EDT
Jefferies analyst Laurence Alexander upgraded Donaldson to Buy and raised his price target for the shares to $54 from $49. The analyst sees "increasing evidence" the company's end-markets are exiting the multi-year trough and believes operating leverage should translate into above-average compound growth over the next few years. He recommends building positions in the stock during the second half of 2017.
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