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Fly News Breaks for April 10, 2015
GY
Apr 10, 2015 | 08:14 EDT
Oppenheimer increased its price target on GenCorp despite the company's lower than expected Q1 EBITDAP. The firm continues to expect Aerojet Rocketdyne to benefit from large, multi-year contracts that have significantly boosted the company's backlog, which Oppenheimer views as strong. The firm keeps an Outperform rating on the shares.
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