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Fly News Breaks for May 5, 2017
MGPI
May 5, 2017 | 09:07 EDT
Craig-Hallum analyst Alex Fuhrman raised his price target for MGP Ingredients to $70 from $60 as total Q1 revenue results exceeded his estimate as food grade alcohol revenue was ahead of expectations, fueled by growth in beverage alcohol. The analyst reiterates a Buy rating on the shares.
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