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Fly News Breaks for June 16, 2016
HRC
Jun 16, 2016 | 06:29 EDT
As previously reported, Morgan Stanley upgraded Hill-Rom to Overweight from Equal Weight. Analyst David Lewis said share weakness following Q2 results has created an a compelling entry point and the Street does not appreciate the extent Hill-Rom has created a sustainable sales base and margin expansion potential. The firm's checks indicate the U.S. capital business remains robust and margins are up with a better balance of organic improvement on top of mix/synergies continuing.
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