January 14, 2013 at 09:17 AM EST
UPDATE: D.A. Davidson Reiterates Neutral Rating, Raises PT on Eagle Materials
In a report published Monday, D.A. Davidson & Co. reiterated its Neutral rating on Eagle Materials (NYSE: EXP ), and raised its price target from $50.00 to $70.00. D.A. Davidson noted, “Eagle's shares performed extraordinarily well in 2012 (+128%). Gains have continued since the start of the year with these
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