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Fly News Breaks for February 23, 2018
Feb 23, 2018 | 07:39 EDT
Canaccord analyst Bobby Burleson raised his price target on FARO Technologies to $66 from $52, saying the company appears well positioned to deliver operating leverage as revenue growth rates recover into the mid-teens. He also sees new products and investments in emerging verticals driving more sustainable growth going forward. Burleson reiterated his Buy rating on FARO shares.
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