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Fly News Breaks for October 5, 2017
THR
Oct 5, 2017 | 07:52 EDT
BMO Capital analyst R. Scott Graham says that Thermon's acquisition of CCI Thermal Technologies will be accretive to its EPS and enable it to enter a new market and diversify its business. The analyst is upbeat on the deal and raised his price target on Thermon to $24 from $21 while keeping an Outperform rating on the shares.
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