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Fly News Breaks for February 9, 2018
FUL
Feb 9, 2018 | 06:51 EDT
JPMorgan analyst Jeffrey Zekauskas upgraded H.B. Fuller to Overweight from Neutral with an unchanged price target of $52. The analyst expects Fuller to have a roughly 50% larger sales base in fiscal 2018 than it did in fiscal 2016 and believes the company is capable of increasing its annual volume growth rate to about 2.5% over the coming three years. He notes the stock is down 12% year-to-date.
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