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Fly News Breaks for April 5, 2019
EXP
Apr 5, 2019 | 08:23 EDT
As previously reported, Raymond James upgraded Eagle Materials to Outperform from Market Perform and established a $95 price target. Analyst Joshua Wilson believes activist Sachem Head will be successful in achieving favorable changes in Eagle's portfolio with the most likely scenarios selling just Proppants then buying shares or selling both Proppants and and the "heavyside" business of cement and concrete then buying shares.
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