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Fly News Breaks for June 21, 2019
SNA
Jun 21, 2019 | 11:11 EDT
Northcoast analyst Brandon Rolle said his checks pointed to weaker than expected Tools Group organic growth trends along with increased "promotional aggressiveness" from Snap-On toward the end of the quarter. The analyst, who lowered his Q2 U.S. Mobile Tool sales estimates based on the checks, keeps a Neutral rating on Snap-On shares.