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Fly News Breaks for February 23, 2018
WIRE
Feb 23, 2018 | 09:23 EDT
DA Davidson analyst Brent Thielman raised his price target on Encore Wire to $54 after the company's Q4 earnings beat, adding that the market backdrop for FY18 also remains favorable. Thielman keeps his Neutral rating on the shares, noting that the typical influences on pricing/margins suggest limited upside for the stock.