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Fly News Breaks for March 30, 2015
DOV, ROLL
Mar 30, 2015 | 10:42 EDT
Barrington said it believes RBC Bearings' (ROLL) acquisition of the Sargent Aerospace & Defense unit from Dover (DOV) should provide the company with a higher growth platform and is "very sound" financially. The firm raised its price target on RBC Bearings to $85 from $72 while rolling out the date for the target achievement to March 2016.
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