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Fly News Breaks for June 26, 2015
MEI
Jun 26, 2015 | 08:06 EDT
Baird feels Methode Electronics shares should stabilize in the low $30's as the growth/momentum shareholder base transitions to small-cap value. The firm believes the shares are becoming attractive for small-cap investors, as its valuation is at a discount to its historical range following its recent sell-off. Baird reiterated its Neutral rating and lowered its price target to $36 from $52 on Methode Electronics shares.
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