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Fly News Breaks for June 29, 2016
URBN, JWN, AEO
Jun 29, 2016 | 08:24 EDT
Stifel believes that consumers are responding positively to new fashion trends, and it predicts that apparel sales trends will begin to accelerate late in July. Based on a combination of stock valuation and fashion quality, the firm recommends American Eagle (AEO), Nordstorm (JWN), and Urban Outfitters (URBN).
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