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Fly News Breaks for January 11, 2019
WBT
Jan 11, 2019 | 09:17 EDT
While the senior management changes provided some uncertainty, shares of Welbilt are inexpensive and offer "some of the best upside potential in our group," William Blair analyst Lawrence De Maria tells investors in a research note. He believes the stock can reach the upper teens "even with a compressed multiple." The government shutdown also provides some economic risk but emergency funds will keep food inspections ongoing, says De Maria. He keeps an Outperform rating on Welbilt.
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