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Fly News Breaks for December 13, 2016
WSO
Dec 13, 2016 | 09:16 EDT
As previously reported, Stephens analyst Matt Duncan downgraded Watsco to Equal Weight from Overweight on "robust" valuation levels. While the analyst believes growth will improve in 2017, he sees shares as properly reflecting next year's improvement. Duncan raised his price target on the shares to $165 from $158.
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