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Fly News Breaks for July 29, 2015
IR
Jul 29, 2015 | 08:04 EDT
Afdter Ingersoll Rand reported Q2 results and Q3 guidance that Stifel views as disappointing, the firm still thinks the company's EPS growth can surpass its peers due to its outsize exposure to the U.S. nonresidential market which stifel thinks is strong. The firm trimmed its price target on the name to $70 from $77 but keeps a Buy rating on the shares.
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