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Fly News Breaks for May 3, 2016
FELE
May 3, 2016 | 09:24 EDT
Sterne Agee CRT says that Franklin Electric's "organic growth has resumed and is poised to accelerate." The firm expects the company's margins and EPS to increase significantly. It raised its price target on the name to $38 from $34 and keeps a Buy rating on the shares. .
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