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Fly News Breaks for June 10, 2015
BDBD
Jun 10, 2015 | 11:03 EDT
Piper Jaffray downgraded Boulder Brands to Neutral from Overweight after the company announced the resignation of its CEO Steve Hughes and an outlook for Q2. Piper finds the flat to up 2% guidance for the Natural Segment as disappointing and steps to the sidelines amid the management transition. The firm cut its price target for shares to $7.
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