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Fly News Breaks for August 12, 2016
DOOR
Aug 12, 2016 | 09:07 EDT
Baird said the long-term story for Masonite remains intact and they would use the weakness in the shares as a buying opportunity. The firm believes the company's bumpy Q2 results were due to one-time events. Baird reiterated its Outperform rating on Masonite shares, as they see considerable earnings power, structural industry change, and solid free cash flow.
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