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Fly News Breaks for December 6, 2017
CVGW
Dec 6, 2017 | 09:21 EDT
Stephens analyst Farha Aslam noted that wildfires moving through California will reduce the supply of California avocados, though she believes Calavo Growers will be able to manage through the tighter supplies via increased imports and tight inventory control. She reiterates her Overweight rating and $85 price target on Calavo shares, which fell about 2% yesterday to $75.55.