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Fly News Breaks for May 24, 2016
ROP
May 24, 2016 | 07:07 EDT
JPMorgan analyst Stephen Tusa keeps an Underweight rating on Roper Technologies following yesterday's pullback. The analyst points out that his sum-of-the-parts analysis continues to show downside to $155-$160 per share. Tusa notes that his call is not based on the business model, rather valuation and a "relatively weak" risk/reward compared to peers.
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