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Fly News Breaks for December 30, 2015
WTS
Dec 30, 2015 | 08:24 EDT
Sterne Agee CRt expects Watts' margins to increase due to "a favorable resi/nonres construction cycle and significant self-help opportunities." The firm thinks that M&A will boost the company's bottom line over the next several years. It keeps a $64 price target on the shares.
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