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Fly News Breaks for September 21, 2018
JBT
Sep 21, 2018 | 07:12 EDT
JPMorgan analyst Stephen Tusa downgraded John Bean Technologies to Underweight while raising his price target for the shares to $98 from $83. While the company's fundamentals remain attractive, its margins and free cash flow have disappointed and the current valuation is "undeniably rich," Tusa tells investors in a research note.
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