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Deutsche Bank Says Selloff In KLX Shares May Be Overdone
Tuesday, May 24, 2016 - 1:14pm | 326The recent selloff in KLX Inc (NASDAQ: KLXI) may be overdone, according to a report from Deutsche Bank. KLX reported lower-than-expected first quarter results, as the energy business (ESG) was weak during the quarter and the aero business (ASG) was also a bit behind Deutsche Bank's forecast. The...