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Fly News Breaks for March 2, 2020
CSPR
Mar 2, 2020 | 05:09 EDT
Goldman Sachs analyst Alexandra Walvis initiated coverage of Casper Sleep with a Buy rating and $16 price target. The analyst sees Casper as a "unique" branded asset with a "strong" omnichannel potential. Walvis forecasts a path to improving profitability as the company drives growth through more profitable channels and says the stock is trading at a "depressed" valuation.
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