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Fly News Breaks for September 18, 2017
FINL
Sep 18, 2017 | 05:08 EDT
Piper Jaffray analyst Erinn Murphy downgraded Finish Line to Underweight saying she sees further downside risk to estimates. The ongoing impacts of Hurricanes Harvey and Irma could cause further pressure to Finish Line's comps and earnings in Q3 given its above-average exposure to these regions, Murphy tells investors in a research note. The analyst's unchanged price target of $8 represents 24% downside from current share levels.
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