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Fly News Breaks for November 13, 2015
FOSL
Nov 13, 2015 | 06:46 EDT
Piper Jaffray analyst Erinn Murphy lowered her price target for Fossil Group to $25 following the company's weaker than expected Q3 results and outlook. The analyst sees "significant risk" to consensus estimates and recommends further reducing positions in the name despite the post-earnings selloff. She keeps an Underweight rating on Fossil.
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