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Fly News Breaks for March 15, 2017
UFPI
Mar 15, 2017 | 08:10 EDT
DA Davidson analyst Steven Chercover blames the recent weakness in Universal Forest's stock on the volatility of its results, and "concerns about the timing of the contribution from the idX acquisition and the ability to manage SG&A spending." He thinks that the company has a "considerable" growth opportunity and a "compelling risk/reward profile." Chercover recommends buying the stock on weakness.
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