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Fly News Breaks for January 7, 2019
MSM
Jan 7, 2019 | 08:50 EDT
Jefferies analyst Stephen Volkmann started MSC Industrial Direct with a Buy rating and $92 price target. The analyst believes the company's just completed business transition can drive both growth and margin expansion. MSC can see both earnings growth and "modest" multiple expansion over the next 12-18 months, the analyst tells investors in a research note.
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