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Fly News Breaks for October 22, 2015
HCCI
Oct 22, 2015 | 06:25 EDT
Baird upgraded Heritage-Crystal Clean to Outperform and raised its price target to $18 from $16. Analyst David Manthey said strong Q3 results provide increased confidence that the worst base oil spreads are over and stable to improving profitability in the oil business, combined with contributions from the FCCE acquisition, and a discounted valuation, will lead to sustained outperformance.
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