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Fly News Breaks for February 6, 2019
DLA
Feb 6, 2019 | 08:15 EDT
As previously reported, Roth Capital analyst Dave King downgraded Delta Apparel to Neutral from Buy, with a $26 price target, given near-term pressures and following the recent run-up in shares. The analyst notes that the company's revenue and EPS exceeded preliminary results, while management said margin pressures from higher raw material costs and Private Label program startup costs should continue into Q2.
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