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Fly News Breaks for April 14, 2015
CHKE
Apr 14, 2015 | 07:24 EDT
Brean Capital believes Cherokee's recent license agreements and potential to reinvigorate its brand in China has set the stage for top-line growth. The firm feels the company's leverage with existing brands and new business could lead to upside for both top and bottom line results. Brean Capital reiterated its Buy rating and $23 price target on Cherokee shares.
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