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GRC - Downgrade to Neutral: Recent strength leaves stock looking fully valued ahead of tough 2016 earnings comp as major PCCP project nears completion.

PUR - Lowering estimates, target price as profitability story pushes right; Technology adoption still a powerful driver, but volatility likely to remain elevated.

WSFS - Uses Strong Currency to Make Contiguous-Market Acquisition: Reiterate Outperform Rating and $35.50 Target

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