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Fly News Breaks for February 16, 2018
HII
Feb 16, 2018 | 09:27 EDT
BofA/Merrill Lynch analyst Ronald Epstein raised his price target on Huntington Ingalls to $335 from $280 as he sees the company being a direct beneficiary of the U.S. pivot to the Pacific and the related impact on Navy spending. He also sees tax reform leading to reinvestment at Huntington. Epstein maintains a Buy rating on Huntington Ingalls shares.
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