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Fly News Breaks for November 6, 2017
HY
Nov 6, 2017 | 07:13 EDT
Seaport analyst Michael Shlisky downgraded Hyster-Yale Materials to Sell citing valuation and raised its price target to $75 from $65 following last week's earnings beat and raise. Shlisky believes shares may be overvalued based on the outlook provided by management and his concerns about execution risk.
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