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Fly News Breaks for July 30, 2018
FLIR
Jul 30, 2018 | 08:46 EDT
Stephens analyst Drew Lipke said Flir Systems continues to post "impressive" organic growth in its Government and Defense and Industrial segments, while he believes the company starts to see the first evidence of benefits from its productivity and working capital initiatives. He thinks the stock warrants a premium multiple and raised his price target on Flir shares to $69 from $61 following the company's Q2 earnings report while maintaining an Overweight rating.
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