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Graham upgraded to Outperform from Market Perform at Northland

Northland analyst Bobby Brooks upgraded Graham (GHM) to Outperform from Market Perform after the company posted what the firm calls “another stellar quarter” along with bullish commentary on the outlook. The firm had previously been concerned that orders were set to decelerate in the second half, leading it to downgrade before earnings, but those concerns “proved to be misplaced,” the analyst tells investors.

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