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Fly News Breaks for June 17, 2016
HII
Jun 17, 2016 | 07:28 EDT
UBS raised its price target on Huntington Ingalls to $180 from $152 as the firm raised earnings and revenue estimates. The firm believes the increase in revenues combined with margin expansion and cash upside will allow the company to grow earnings faster than expected. UBS reiterated its Buy rating on Huntington Ingalls shares.