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Fly News Breaks for June 22, 2016
FINL
Jun 22, 2016 | 07:08 EDT
Brean Capital previewed Q1 results for Finish Line and thinks there is potential for challenged mall traffic to mute comp trends in the quarter. The firm believes Q2 will see an acceleration given several high profile product launches, an improving product allocation, continued margin recapture opportunities, and the stock's discounted valuation. Brean Capital reiterated its Buy rating and $22 price target in Finish Line shares.
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