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Fly News Breaks for March 23, 2018
SNHY
Mar 23, 2018 | 07:10 EDT
Stifel analyst Nathan Jones initiated Sun Hydraulics with a Buy rating and $61 price target, telling investors in a research note that the company's transformation from a specialized component provider to a diversified subsystem and system provider, in addition to "meaningful" inorganic growth potential from free cash flow and incremental debt redeployment provides investors with a long-term 15% cumulative average annual return profile.
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