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Fly News Breaks for July 31, 2015
SWK
Jul 31, 2015 | 07:31 EDT
After Stanley reported beat and raise results but the stock fell, Wells Fargo thinks the results were good, while the company has a number of potential positive catalysts. Among these potential catalysts are the company's upcoming reevaluation of the weak security business, further outperformance by the tools and storage unit, and potential acquisitions, according to Wells The firm keeps an Outperform rating on the shares.
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