Investors appear to like the look of Franklin manufacturing holding company Clarcor's pending acquisition of a profitable fuel filter business. So does BB&T Capital Markets analyst Kevin Maczka, who on Tuesday hiked his rating on the company to 'buy' from 'hold' and said he likes the use of its balance sheet. Maczka now sees the stock (Ticker: CLC) climbing to $65. At about 2:15 p.m., it was up 5.5 percent at $58.16.
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