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Fly News Breaks for June 7, 2018
SWK
Jun 7, 2018 | 07:13 EDT
MKM Partners analyst Megan McGrath maintained a Buy rating and $200 price target for Stanley Black & Decker, telling investors in a research note that her outlook continues to be positive following several meetings with the company, including CEO Jim Loree and CFO Don Allan. McGrath believes the launch of new Craftsman products will be a positive catalyst for the shares in 2018 and into 2019, and tells investors in a research note that the company has not kept its eye off growth and improvements in its other two businesses.
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