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Fly News Breaks for March 11, 2019
PGTI
Mar 11, 2019 | 07:24 EDT
KeyBanc analyst Kenneth Zener upgraded PGT Innovations to Overweight from Sector Weight with a $20 price target. In a research note to investors, Zener says Hurricane Irma in September 2017 led to tough fiscal 2019 comps and lower estimates, creating a compelling entry point. Zener says PGT executed well on past margin expansion goals and broadened its footprint out West.
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