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Fly News Breaks for June 20, 2018
JOUT
Jun 20, 2018 | 05:21 EDT
Imperial Capital analyst George Kelly raised his price target for Johnson Outdoors to $95 saying new products appear to be selling well again in 2018 and the boating market remains healthy. The analyst also sees value in Johnson's "cash-heavy" balance sheet, which he notes could be used for buybacks or acquisitions. Kelly keeps an Outperform rating on the shares.
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