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Fly News Breaks for February 16, 2017
MFS
Feb 16, 2017 | 09:06 EDT
As reported previously, Baird analyst Mig Dobre upgraded Manitowoc Foodservice to Outperform from Neutral as the concerns he laid out previously are behind them. He noted company guidance was reset to an achievable level and management has multiple levers to improve the business and the opportunity remains for patient investors. Dobre raised his price target to $22 from $18 on Manitowoc Foodservice shares.
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