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Fly News Breaks for October 30, 2017
FARO
Oct 30, 2017 | 07:37 EDT
Canaccord analyst Bobby Burleson raised his price target on FARO Technologies to $52 from $42 as the company's top line growth accelerates and new product introductions pick up. He sees more room for price appreciation given near-term tailwinds from year-end budget flush and operating leverage looking out into 2018. Burleson reiterated his Buy rating on FARO Technologies shares.
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