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Fly News Breaks for April 21, 2017
IIIN
Apr 21, 2017 | 09:21 EDT
After Insteel reported lower than expected Q2 EPS, Longbow analyst Chris Olin says that the company was hurt by "a delayed realization of downstream price increases." He thinks that the company's results can beat expectations over the next 4-6 quarters and keeps a $42 price target and a Buy rating on the shares.
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