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Fly News Breaks for January 31, 2018
RAVN
Jan 31, 2018 | 07:37 EDT
SunTrust analyst Jason Freuchtel upgraded Raven to Buy from Hold and raised his price target to $41 from $34. Freuchtel cites the expected momentum in the EFD segment from rig count growth and an expected decline in raw material prices this year, higher expected cash flows from the U.S. tax changes, and more willingness to deploy capital.
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