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Fly News Breaks for December 27, 2016
RXN
Dec 27, 2016 | 08:49 EDT
Baird analyst Mig Dobre said investors should look at Rexnord as an investment idea for 2017, calling it a relatively inexpensive industrial laggard. The analyst believes guidance is achievable and potentially conservative and said its delivering should help the story. Dobre reiterated his Outperform rating and $23 price target on Rexnord shares.
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