Gardner Denver sale most likely alternative, says RW Baird at RW Baird

theflyonthewall.com

Baird believes Gardner Denver's decision to pursue strategic alternatives remains the primary near-term catalyst with a sale of the company the most likely alternative. The firm noted the company's positive earnings pre-announcement and new IPG division president as well as its recent organizational and executive attrition. Shares are Outperform rated with an $80 price target.

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