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Fly News Breaks for July 11, 2019
BBBY
Jul 11, 2019 | 08:50 EDT
Jefferies analyst Jonathan Matuszewski lowered his price target for Bed Bath & Beyond to $13 from $17 saying the company's sales and margins continue to disappoint. The analyst prefers to remain on the sidelines "until evidence of inflecting trends." He keeps a Hold rating on the name following last night's fiscal Q1 results.
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