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Fly News Breaks for April 27, 2016
CROX
Apr 27, 2016 | 07:06 EDT
As noted earlier, Stifel downgraded Crocs to Hold from Buy. The firm thinks that the company's target of high single digit revenue growth by 2018 is aggressive, partly because of "a difficult global retail backdrop" and "uninspiring early spring checks in North America. "
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