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Fly News Breaks for November 9, 2018
ENS
Nov 9, 2018 | 07:01 EDT
Oppenheimer analyst Noah Kaye reiterated an Outperform rating on EnerSys and raised his price target to $100 from $95 to reflect his condolence in the likelihood of the Alpha Technologies acquisition closing. In a research note to investors, Kaye says shares rebounded following its Q2 earnings call, as management stated its view to healthy growth trends and margin tailwinds supporting FY19 adjusted EPS above the Street.
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