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Fly News Breaks for January 7, 2020
AVY
Jan 7, 2020 | 07:48 EDT
Argus analyst Bill Selesky initiated coverage of Avery Dennison with a Hold rating. In a research note to investors, Selesky says the shares have run up strongly over the past five years, with a gain of 145%, and are trading at a premium to peers, and believes it is fully valued at current levels. The analyst says he views Avery Dennison as a well-managed company and are optimistic about its long-term prospects.
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