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Fly News Breaks for October 24, 2017
THR
Oct 24, 2017 | 07:16 EDT
SunTrust analyst Charles Brady raised his price target on Thermon Group to $20 following a "solid" Q2 report that benefited from growth in orders and backlog. The analyst adds however that the high margin levels were "unsustainably high" given the expected geographical shift to the Eastern Hemisphere and a higher Greenfield mix. Brady maintains a Hold rating on Thermon Group.
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