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Fly News Breaks for January 4, 2016
SRI
Jan 4, 2016 | 07:19 EDT
Stephens analyst Justin Long downgraded Stoneridge to Equal Weight from Overweight, saying that he now views the risk/reward as relatively balanced with the stock 45% above its 52-week lows. The analyst, who remains positive on Stoneridge's top-line growth potential in 2016 and beyond, raised his price target on the stock to $16 from $15.
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