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Fly News Breaks for January 25, 2018
FUL
Jan 25, 2018 | 05:07 EDT
Deutsche Bank analyst David Begleiter upgraded H.B. Fuller to Buy and raised his price target for the shares to $62 from $60. Rising raw material costs led to the miss in Q4, but this issue is transitory as price increases are being implemented to fully offset these higher costs by the end of Q2, Begleiter tells investors in a post-earnings research note. More important, in the analyst's view, was Fuller's "unofficial raising" of cost and revenue synergy targets on its recent $1.6B Royal Adhesives acquisition. The analyst has confidence in the company's 2020 EBITDA target.
News For FUL From the Last 2 Days
FUL
Mar 27, 2024 | 17:19 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSRH... To see the rest of the story go to thefly.com. See Story Here