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Fly News Breaks for December 18, 2018
WSO
Dec 18, 2018 | 07:55 EDT
Morgan Stanley analyst Joshua Pokrzywinski initiated Watsco with an Equal Weight rating and $144 price target, stating that while its growth over the next few years will likely be smoother than some of the OEMs, he still doesn't expect growth to "be that spectacular." Watsco's growth trajectory is limited despite substantial investments in technology, added the analyst.
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