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Fly News Breaks for January 3, 2019
RXN
Jan 3, 2019 | 07:25 EDT
Credit Suisse analyst John Walsh lowered his price target for Rexnord to $25 from $31 to reflect a 20bps reduction in global industrial production expectations, a 200bps reduction in energy capex driven by reduced E&P spending, and current FX rates. The analyst reiterates a Neutral rating on the shares.
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