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Fly News Breaks for July 25, 2017
MAN
Jul 25, 2017 | 08:57 EDT
BMO Capital analyst Jeffrey Silber says that Manpower's stock dropped despite its better than expected results partly because of its decelerating U.S. results and weak gross margins. However, the analyst thinks that the company should continue to benefit from Europe's economic expansion which he says is "just beginning." He believes that the stock's weakness is overdone, and he keeps a $124 price target and an Outperform rating on the shares.
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