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Fly News Breaks for June 16, 2017
NNBR
Jun 16, 2017 | 08:03 EDT
As noted earlier, SunTrust started coverage of NN with a $37 price target and a Buy rating. Analyst Charles Brady says that the company is delivering "good core growth (and) margin expansion," along with strong free cash flow. The analyst thinks that the company's earnings growth can accelerate significantly over the longer term, and he calls its valuation "compelling."
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