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Fly News Breaks for July 18, 2016
IBP
Jul 18, 2016 | 07:11 EDT
UBS raised its price target on Installed Building Products to $42 from $35 on expectations housing fundamentals will drive earnings expansion. The firm also cited the company's strong balance sheet, which should provide downside support, expectations for increased volume. and greater operating leverage. UBS reiterated its Buy rating on Installed Building Products shares.
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