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Fly News Breaks for April 27, 2016
FLIR
Apr 27, 2016 | 08:45 EDT
Needham analyst James Ricchiuti says FLIR Systems reported its strongest revenue growth in over a year, but EPS missed the mark amid concerns about margins. However, the analyst sees these concerns over the company's margins to be overblown and adds he is encouraged to see a pickup in top-line growth. Ricchiuti reiterates a Buy rating and $36 price target on the shares.
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