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Fly News Breaks for February 27, 2018
DDS
Feb 27, 2018 | 15:51 EDT
JPMorgan analyst Matthew Boss said Dillard's Q4 earnings beat illustrates the high degree of operating leverage in its model and noted that its same-store sales growth of 3% doubled his estimate, which he had raised during the quarter. Following the report, Boss raised his price target on Dillard's to $70 from $58, though he keeps an Underweight rating on the shares.
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