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Fly News Breaks for June 29, 2016
DLA
Jun 29, 2016 | 08:55 EDT
Roth Capital analyst Dave King continues to see Delta Apparel's shares as undervalue even before planned cost reductions that should boost earnings per share. The analyst says his sum-of-the-parts suggests the company could be worth more than $31 per share, based on estimated enterprise value of $365M and debt of $115M. King reiterates a Buy rating and $26 price target on the shares.
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