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Fly News Breaks for February 15, 2017
WSO
Feb 15, 2017 | 07:36 EDT
After Watsco reported weaker than expected Q4 results, Stifel analyst Robert McCarthy says he doesn't believe that the company's "underperformrance" versus other HVAC companies will "last for long." The analyst says that the company's gross margin was "decent," and he recommends buying the stock on weakness. McCarthy reiterates a $175 price target and a Buy rating on the shares.
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