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Fly News Breaks for August 27, 2015
GES
Aug 27, 2015 | 09:07 EDT
Wunderlich analyst Eric Beder, who noted he has the "only Buy rating on the Street" on shares of Guess, said he is confident that new CEO Victor Herrero will be able to return the brand to prominence. Beder, who added that foreign exchange is obscuring the turn in Guess "for now," reiterated his Buy rating and $24 price target on the stock following the company's Q2 report.
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