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Fly News Breaks for October 19, 2017
EXPO
Oct 19, 2017 | 07:47 EDT
SunTrust analyst Tobey Sommer raised his price target on Exponent to $77 following Q3 results, saying the company's market position should drive steady mid-high single digit revenue growth and margin expansion. Sommer notes Exponent's long legacy of working for automakers, adding that its intellectual capital makes it a natural fit amid a push toward autonomous driving. The analyst keeps his Hold rating on Exponent.
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