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Fly News Breaks for July 29, 2019
FIX
Jul 29, 2019 | 08:55 EDT
DA Davidson analyst Brent Thielman upgraded Comfort Systems USA to Buy but lowered his price target to $52 from $57. The analyst notes that the stock has been "smashed" but believes that investors will return as 2020 organic growth comps become "less burdensome" and given that its free cash flows are near a 5-year high. Thielman further cites Comfort Systems' exposure to industrial projects driving "sustained benefits" into next year.
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