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Fly News Breaks for April 20, 2018
SNA
Apr 20, 2018 | 08:04 EDT
Baird analyst David Leiker said Snap-On remains a battleground stock, but he believes the company is moving in the right direction following its Q1 results. He believes the shares will outperform over the next 12 months as growth and margin metrics were better than expected and he sees the Tools Group inflecting to positive growth. Leiker reiterated his Outperform rating and raised his price target to $210 from $204 on Snap-On shares.
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