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Fly News Breaks for September 5, 2017
MTOR
Sep 5, 2017 | 07:47 EDT
Buckingham started coverage of Meritor with a $25 price target and a Buy rating. The firm thinks that the company's 2018 and 2019 EPS will beat expectations, driven by "stronger than expected North American Class 8 production coupled with new business wins." It predicts that the stock will rise as the company moves closer and ultimately attains its 2019 targets.
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