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Fly News Breaks for May 18, 2017
DCO
May 18, 2017 | 07:27 EDT
Canaccord analyst Ken Herbert met with the Ducommun CEO, who anticipates he will accelerate growth and margin expansion for the company. The plans to execute the strategy should be unveiled by Q3 and will likely include M&A in the electronics business and other strategies to improve free cash flow, said Herbert, who reiterated his Buy rating and $35 price target on Ducommun shares.
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