Morgans rates CDD as Add (1) - Cardno have positively surprised...

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    Morgans rates CDD as Add (1) -

    Cardno have positively surprised the market by providing guidance for FY20 earnings of $41m-$43m, according to Morgans.

    Net debt has been reduced down to around $1m and the company has benefited from a $12m deferral of GST.
    Target price is $0.56

 
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