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Add as a preferred source on GoogleGraham Shares Rise 14.9% After William Blair Starts Coverage
Analyst Jed Dorsheimer sees the company broadening beyond defense engineering into a wider range of markets.
Graham Corporation (GHM) shares rose 14.9% in Monday trading after William Blair began coverage with an Outperform rating and highlighted the company’s expansion into more markets.
The reported gain was an intraday move. William Blair analyst Jed Dorsheimer described Graham as moving beyond its defense-oriented engineering base. The firm sees the company becoming a supplier of mission-critical technologies across multiple markets.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.