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Fly News Breaks for March 25, 2015
EGL
Mar 25, 2015 | 09:11 EDT
FBR Capital says one-time adjustments in 2015 give investors an opportunity to own "diamond in the rough" Engility Holdings. FBR expects Engility to benefit from close to zero taxes for at least the next half-decade and generate solid free cash flow. It thinks 2016 earnings should start to normalize and show the company's underlying earnings growth story. FBR keeps an Outperform rating on Engility with a $45 price target.
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