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Fly News Breaks for June 21, 2018
AOBC
Jun 21, 2018 | 08:55 EDT
Lake Street analyst Chris Krueger raised his price target for American Outdoor Brands to $17 citing increased confidence that the firearms industry is near a bottom. The analyst continues to believe shares of American Outdoor have seen their low. He thinks consumer firearm activity "could stabilize or actually show growth" with another election season coming up and recent calls for new firearms restrictions. Krueger keeps a Buy rating on the shares.
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