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Fly News Breaks for July 26, 2016
GIII
Jul 26, 2016 | 06:17 EDT
Cowen analyst John Kernan downgraded G-III Apparel to Market Perform to reflect the expensive acquisition of acquisition of Donna Karan International given the brand's earnings potential and execution risk. The analyst lowered estimates and maintained G-III Apparel's price target of $43.
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