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Fly News Breaks for February 24, 2017
DSW
Feb 24, 2017 | 07:38 EDT
Canaccord analyst Camilo Lyon lowered his price target on DSW to $19 from $23 following recent retail checks. The analyst believes trends are weaker than planned, citing deep promotions to drive traffic, which underscores concerns around its competitive positioning. Lyon maintained his Buy rating on DSW shares but he sees a tough 2017.
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