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Fly News Breaks for February 3, 2016
RXN
Feb 3, 2016 | 08:53 EDT
Sterne Agee CRT says that Rexnord reported solid results, while the company's U.S. industrial distribution end market is stabilizing and its destocking is largely complete.The firm thinks the company's results are nearing a bottom, and it keeps a $27 price target and Buy rating.
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