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Fly News Breaks for September 25, 2017
MSM
Sep 25, 2017 | 09:11 EDT
Susquehanna analyst Robert Barry initiated MSC Industrial Direct with a Neutral rating as he sees limited opportunity for multiple expansion as well as moderating earnings growth. He also sees secular concerns, including increased competition, growth coming from less profitable sources, and rising costs. Barry has a $77 price target on MSC Industrial shares.
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