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HII added to US Conviction List at Goldman Sachs

Goldman Sachs analysts added HII (HII) to the firm’s US Conviction List as part of its monthly update. Goldman has a Buy rating on the shares with a $265 price target The company is a pure play on U.S. Navy shipbuilding at a time when the Pentagon and U.S. government have decided to allocate substantial funding to growing the Navy and improving its industrial base, the analyst tells investors.

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