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Fly News Breaks for March 5, 2019
IBP
Mar 5, 2019 | 07:27 EDT
Nomura Instinet analyst Michael Wood raised his price target for Installed Building Products to $52 citing the acceleration of the company's organic growth and margin gains. The company maintained "impressive" double-digit same-branch sales growth of 11.1% year-over-year in Q4, Wood tells investors in a research note. He keeps a Buy rating on the shares.
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