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Fly News Breaks for October 23, 2015
SWK
Oct 23, 2015 | 07:28 EDT
CLSA upgraded Stanley Black & Decker to Buy and maintained its $123 price target. Analyst Jeremie Capron said Q3 results largely beat expectations and management raised guidance on continued strength in Tools and Storage. Capron believes strategic action around Security in 2016 and a potential acquisition near-term provide potential catalysts.
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