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Fly News Breaks for September 8, 2016
HDS
Sep 8, 2016 | 06:16 EDT
Deutsche Bank analyst John Inch views yesterday's selloff in shares of HD Supply as a buying opportunity. The analyst cut his price target for the shares to $35 from $39 following the company's Q2 results and FY16 guidance reduction but keeps a Buy rating on the name. HD Supply should be able to better manage its inventory in the coming quarters, Inch tells investors in a post-earnings research note.
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