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Fly News Breaks for May 26, 2017
ANF
May 26, 2017 | 09:12 EDT
Morgan Stanley analyst Kimberly Greenberger said Abercrombie & Fitch's Q4 loss reinforces her view that the company is in structural decline and may not be profitable again. Greenberger does not expect shares to trade on fundamentals given takeout rumors but reiterates its Underweight rating and $9 price target.
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