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Fly News Breaks for March 4, 2016
JOY
Mar 4, 2016 | 08:43 EDT
Baird raised its price target on Joy Global to $19 from $16 as they believe the worst is likely behind its shares. The firm cited the company's strong free cash flow, reduced debt level, additional cost savings and no additional receivable write-offs. Baird maintained its Outperform rating on Joy shares.
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