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Fly News Breaks for August 2, 2019
CENT
Aug 2, 2019 | 07:00 EDT
As previously reported, SunTrust analyst William Chappell downgraded Central Garden & Pet to Hold and lowered his price target to $30 from $40 after its "weak" Q3 results, lowered FY19 outlook, and continued executive turnover. The analyst notes that while the issues appear to be short-term, the quarter highlights the "volatility" around the company's various business units.
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