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Fly News Breaks for February 9, 2018
GRA
Feb 9, 2018 | 08:44 EDT
Baird analyst Ben Kallo said the weakness in W.R.Grace following Q4 results is a buying opportunity. The analyst said his long-term thesis remains intact as recent price increases should drive margin expansion throughout the year and there is strong end-market demand. Kallo reiterated his Outperform rating and $88 price target on W.R. Grace shares, also citing the the company's organic growth initiatives and its licensing deals.
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