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February 12, 2014
07:33 EDTIRIngersoll-Rand weakness overdone, says Bernstein
Bernstein believes that Ingersoll-Rand's margin guidance confused some investors, and the firm clarified that the company's guidance really includes margins in the high 30s to low 40s range. The firm thinks the company's full-year guidance can rise further, and keeps an Outperform rating on the stock.
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