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Fly News Breaks for July 1, 2019
TGLS
Jul 1, 2019 | 09:12 EDT
Raymond James analyst Joshua Wilson upgraded Tecnoglass to Strong Buy from Outperform with a $10 price target. The recent weakness in the shares contradicts channel checks, which have been favorable, Wilson tells investors in a research note. The analyst increased his estimates for Tecnoglass to reflect better than expected near-term activity levels. Further, he believes the company's self-help investments remain on track.
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