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Franklin Electric shares rise 5% on Monday following analyst upgrade

The Motley Fool +1 · ·by G4L

FELE
FELE Franklin Electric Co Inc
$97.63 -1.26%
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  1. 1Matt Summerville of DA Davidson upgraded Franklin Electric from neutral to buy.
  2. 2Matt Summerville set an increased price target of $135 per share.
  3. 3Franklin Electric shares rose 5% on Monday.

So what's the key point?

Franklin Electric shares rose 5% after an expert recommended buying the stock. The expert expects the stock to reach $135.

Source The Motley Fool +1 · View original ↗

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