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Fly News Breaks for April 18, 2017
EXPR
Apr 18, 2017 | 07:45 EDT
UBS analyst Michael Binetti said he remains cautious on Express shares and believes the company is at a crossroads of structural industry challenges. Binetti noted the company guidance implies cautious trends for Q1, giving him little confidence trends will improve in 2017. Binetti reiterated his Sell rating and lowered his price target to $8 from $10 on Express shares.
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