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Fly News Breaks for January 26, 2016
HAR
Jan 26, 2016 | 08:50 EDT
Pacific Crest thinks that the recent pullback in Harman's stock was driven by overdone worries about auto sales and "persistently overdone" competition concerns. The firm continues to expect the company to benefit from the proliferation of connected mid-tier cars. It keeps a $150 price target and Overweight rating on the shares.
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