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Fly News Breaks for August 1, 2019
MANT
Aug 1, 2019 | 08:19 EDT
SunTrust analyst Tobey Sommer raised his price target on ManTech to $77 and kept his Buy rating after its Q2 earnings beat and raised FY19 guidance. The analyst is positive on the company's "favorable" cash flow outlook and faster expected contract award activity in the back half of 2019, adding that the stock also has greater margin expansion potential than its peers.
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