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Fly News Breaks for November 20, 2015
BBBY
Nov 20, 2015 | 09:15 EDT
Cantor Fitzgerald analyst Laura Champine downgraded Bed Bath & Beyond to Hold citing the continuation of the gross margin declines that have persisted over the last four years. Champine expects Bed Bath to continue its "heavy level of couponing" that have pressured margins and cut her price target for shares to $53 from $77.
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