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Fly News Breaks for May 24, 2016
ROP
May 24, 2016 | 07:46 EDT
Oppenheimer analyst Christopher Glynn says he has come by snippets from the Off Wall Street sell report on the shares of Roper Technologies and, while he lacks access to the full report, he disagrees with the thesis as he understands it. The analyst believes the "short" report applies random frameworks not conducive to understanding Roper Technologies, which he continues to view as an "attractive" long-term opportunity with a mix of solid cyclical and higher long-term organic growth-served markets, strong positions in key niche markets, and a solid balance sheet and cash flow outlook. Glynn has a Perform rating on the shares.
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