Fly News Breaks for March 1, 2016
DSW
Mar 1, 2016 | 06:25 EDT
Goldman analyst Taposh Bari downgraded DSW to Sell and lowered his price target to $20 from $24. The analyst believes investor expectations are too high given sluggish discretionary spending, underexposure to key women's athletic footwear trends, growth from SG&A, two years of tepid performance, and increased price transparency and competition.
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