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Fly News Breaks for May 17, 2018
USCR
May 17, 2018 | 13:57 EDT
Stifel analyst Stanley Elliott said Spruce Point's short thesis on U.S. Concrete "isn't new" and that much of it was similar to a prior short report from another firm released about two years ago. The analyst, who said the timing of this report is "interesting," still thinks the fundamental outlook for the business remains encouraging. Elliott maintains a Buy rating on U.S. Concrete.
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