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Fly News Breaks for August 2, 2016
IR
Aug 2, 2016 | 09:06 EDT
After Ingersoll Rand's stock fell 5% in the wake of its Q2 results, Argus analyst John Eade says that the company's industrial business is "struggling." However, he expects the company to benefit from improving economic conditions and strength in U.S. construction markets. He reiterates a $74 price target and Buy rating on the shares.
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