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Fly News Breaks for February 16, 2018
HII
Feb 16, 2018 | 05:58 EDT
Credit Suisse analyst Robert Spingarn upgraded Huntington Ingalls to Outperform from Neutral and raised his price target for the shares to $335 from $241. Even with the stock up 30% since the beginning of last year, the company is "particularly well positioned for investors." The analyst models for "substantial" earnings growth in fiscal 2019 based on the President's budget request that came out earlier this week and the commentary from management.
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