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Fly News Breaks for March 29, 2016
LFUS
Mar 29, 2016 | 08:37 EDT
Oppenheimer analyst Christopher Glynn raised his price target for Littelfuse to $138 from $124 after meeting with management, which remains confident in its 2016 operating margin guidance. The analyst believes that strong fundamental operating margin execution, organic growth prospects, and balance sheet runway should support a sustained premium. Glynn has an Outperform rating on the shares.
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