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Fly News Breaks for August 17, 2016
EGL
Aug 17, 2016 | 05:52 EDT
Cowen analyst Lucy Guo downgraded Engility to Market Perform citing valuation with the shares up 169% since the February 11 low. The stock's valuation is now on par with the company's Defense IT peers, Guo tells investors in a research note. She has a $36 price target for the shares.
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