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Fly News Breaks for June 24, 2016
MEI
Jun 24, 2016 | 08:41 EDT
As reported previously, Baird upgraded Methode Electronics to Outperform from Neutral. The firm cited its conviction in inflecting growth trends and new business opportunities as well as expectations for a return to double digit growth during the second half of 2017 and an acceleration into 2018. Baird raised its price target to $45 form $35 on Methode Electronics shares.
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