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Fly News Breaks for May 25, 2016
NDSN
May 25, 2016 | 07:08 EDT
SunTrust increased its price target on Nordson after the company reported better than expected Q2 results. The firm says that the results were strong, featuring higher than expected organic sales of its adhesive dispensing and advanced technology products. SunTrust thinks that the company's margins and its stock are poised to rise further going forward, while its order and backlog metrics were both healthy at the end of the quarter. The firm keeps a Buy rating on the name.
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