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Fly News Breaks for July 27, 2016
GPX
Jul 27, 2016 | 08:51 EDT
With GP Strategies' shares down 24% since the release of its Q1 results, Roth Capital analyst Jeff Martin likes the stock into Q2 results. Martin believes GP Strategies' shares could rally off quarterly results given the company's return to record backlog of $254M in Q1, an increase in activity and awards, the launch of sales initiatives to drive organic growth and its acquisition strategy. The analyst reiterates a Buy rating and $32 price target.
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