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Fly News Breaks for November 13, 2017
XONE
Nov 13, 2017 | 07:10 EDT
As reported previously, Canaccord analyst Bobby Burleson upgraded ExOne to Buy from Hold following Q3 results that fell just short of consensus. He said he expects healthy top-line growth this year and a return to profitability over the next few quarters. His conviction is bolstered by its healthy backlog and strong order flow so far this quarter. Burleson raised his price target to $13 from $9.50 on ExOne shares.
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