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Fly News Breaks for July 20, 2015
IBP
Jul 20, 2015 | 07:31 EDT
As previously reported, KeyBanc upgraded Installed Building Products to Overweight from Sector Weight with a $29 price target on shares. The firm believes Installed Building Products is well positioned for growth given its 80% exposure to new housing, purchasing power from manufacturers, a proven M&A strategy at accretive prices, and sustainable margin expansion.
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