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Fly News Breaks for July 18, 2018
AVP
Jul 18, 2018 | 05:52 EDT
Jefferies analyst Stephanie Wissink upgraded Avon Products to Hold while lowering her price target for the shares to $1.50 from $2. The analyst, who admits she has "limited confidence" in company's fundamentals and sees ongoing risk to sales drivers, believes shares of Avon are close to fair value. Wissink believes new management at Avon are exhibiting a "refreshing sense of urgency."
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