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Fly News Breaks for May 6, 2016
NPO
May 6, 2016 | 08:10 EDT
Oppenheimer analyst Ian Zaffino remains a buyer of EnPro following a "surprisingly" weak quarter. While the demand forecast remains uncertain, the analyst believes new product development and cost cutting may provide a positive future outlook for the company, if and when market conditions improve. Zaffino reiterates an Outperform rating and $85 price target on the shares.
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