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Fly News Breaks for December 23, 2015
BBBY
Dec 23, 2015 | 08:12 EDT
BofA/Merrill analyst Denise Chai lowered her price target on Bed Bath & Beyond to $44 from $49 following the negative Q3 pronouncement. Chai remains cautious on Bed Bath & Beyond given continued shares losses, high consensus expectations, and a continued decline in operating income and reiterates her Underperform rating.
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