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Fly News Breaks for February 21, 2019
IPHS
Feb 21, 2019 | 09:50 EDT
Seaport Global analyst Brett Hundley initiated Innophos Holdings with a Buy rating and $51 price target, citing his view that current valuation is "not representative of where this company is heading." He contends that the company's decision to mix the ingredients portfolio higher "will pay meaningful dividends to shareholders."
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