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Fly News Breaks for February 27, 2017
DSW
Feb 27, 2017 | 09:32 EDT
Cleveland Research analyst Daryl Boehringer downgraded DSW to Underperform saying checks indicate sluggish near-term trends. The analyst believes Q4 earnings will likely be managed by expense control with little progress on fundamentals. Boehringer said industry headwinds and increased merchandising turnover could serve as a prolong headwind into 2017 as well.
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