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Fly News Breaks for February 26, 2020
Feb 26, 2020 | 08:16 EDT
As reported previously, Baird analyst Michael Halloran downgraded A.O. Smith to Neutral from Outperform. The analyst said sentiment headwinds continue to mount and the termination of its president and the coronavirus material adverse impact acknowledgement can be added to a growing list of valid investor concerns. Halloran lowered his price target to $45 from $53 on A.O. Smith shares.
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