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Fly News Breaks for August 11, 2017
ENS
Aug 11, 2017 | 07:08 EDT
Oppenheimer analyst Noah Kaye says the valuation of EnerSys has reset with the stock in line with the five-year historical average. Issues impacting the company's recent performance and guidance seem largely short term, Kaye tells investors in a post-earnings research note. He lowered his price target for the shares to $82 from $92 and keeps an Outperform rating on the name.
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