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Fly News Breaks for November 21, 2016
FOSL
Nov 21, 2016 | 06:34 EDT
Piper Jaffray analyst Erinn Murphy upgraded Fossil Group to Neutral and raised her price target for the shares to $32 from $23 after meeting with management. The company has opportunity to cut costs and its potential with hybrid watches is being underappreciated, Murphy tells investors in a research note.
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