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Fly News Breaks for November 2, 2015
BBW
Nov 2, 2015 | 08:57 EDT
After Build-A-Bear reported lower than expected EPS and the stock tumbled 23%, BMO Capital says it believes investors expected the results to be boosted by the company's sale of Star Wars-themed bears. The firm thinks the sell-off was overdone and remains upbeat about the company's near-term and longer term outlook. It cut its price target on the name to $20 from $25 but keeps an Outperform rating on the shares.
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