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Fly News Breaks for March 14, 2016
GNRC
Mar 14, 2016 | 09:19 EDT
As previously reported, BofA/Merrill upgraded Generac to Buy from Neutral. Analyst Ross Gilardi believes Generac shares are posied to rebound following a difficult 2015 as consensus finally looks beatable. The analyst sees an opportunity for Generac to cross sell and reduce SG&A for the acquired Pramac business and for free cash flow growth to significantly reduce net debt. . Gilardi raised his price target to $40 from $34 on WABCO shares.
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