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Fly News Breaks for September 6, 2019
BREW
Sep 6, 2019 | 09:36 EDT
Maxim analyst Stephen Anderson lowered his price target on Craft Brew to $16 after the company lowered its FY19 shipment guidance on its earnings call yesterday. The analyst still keeps his Buy rating on the shares, anticipating 2020 improvement as Craft Brew works through its inventory issues and "rationalizes its SG&A structure."
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