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Fly News Breaks for March 7, 2018
PRMW
Mar 7, 2018 | 10:03 EDT
Barrington analyst Michael Petusky raised his price target for Primo Water to $20 from $19 saying that while the Q4 results were "so-so," the next few years "look exciting." The company's increased outlook for 2018 still appears conservative, Petusky tells investors in a post-earnings research note. He believes a number of Primo's initiatives could drive above-average growth and margin expansion for at least the next three to five years. The analyst keeps an Outperform rating on the shares.
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