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Fly News Breaks for October 1, 2015
CROX
Oct 1, 2015 | 06:42 EDT
Piper Jaffray analyst Erinn Murphy downgraded Crocs to Neutral saying adverse currency moves and China weakness could cause sales to miss expectations in Q3. She also notes the company's long-term guidance was pushed out further than anticipated at its analyst day. Murphy cut her price target for shares to $12 from $17.
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