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Fly News Breaks for May 31, 2019
ENS
May 31, 2019 | 07:32 EDT
Oppenheimer analyst Noah Kaye lowered his price target for EnerSys to $87 from $94 and maintained an Outperform rating following the company's Q4 earnings report. In a research note to investors, Kaye says management highlighted technology and capacity investments that he thinks can accelerate medium-term growth and market share gains and sees a path forward for improved execution to generate "healthy" earnings growth in the nearer-term.
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