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Fly News Breaks for May 16, 2018
GRA
May 16, 2018 | 06:13 EDT
Jefferies analyst Laurence Alexander upgraded W.R. Grace to Buy and raised his price target for the shares to $83 from $77. The shares, even following the recent bounce, look inexpensive relative to non-cyclical peers, Alexander tells investors in a research note. The analyst thinks the company's relatively non-cyclical portfolio should garner more attention over the next few quarters.
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