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Fly News Breaks for February 7, 2020
Feb 7, 2020 | 09:04 EDT
Lake Street analyst Mark Smith raised his price target for Vista Outdoor to $12 from $10 saying the company reported strong fiscal Q3 results that beat estimates on both the top and bottom lines. Stabilization and organic growth in the ammunition business is encouraging and the emphasis on cutting operating costs boosted earnings, Smith tells investors in a post-earnings research note. He reiterates a Buy rating on Vista Outdoor.
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