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Fly News Breaks for December 8, 2016
VMI
Dec 8, 2016 | 08:59 EDT
Boenning & Scattergood analyst Ryan Connors says that Valmont looks increasingly likely to be hurt by delays of projects by utilities and transmissions companies amid worries and uncertainty about the Trump administration's policies. Meanwhile, electric transmission prices are being hurt by excess capacity and increased competition for its Coatings unit is emerging from weathering steel. Connors keeps a Neutral rating on Valmont.
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