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Fly News Breaks for December 7, 2016
HELE
Dec 7, 2016 | 05:55 EDT
Piper Jaffray analyst Stephanie Wissink downgraded Helen of Troy to Neutral saying the market may apply an incremental risk discount to the shares related to tax reform proposals. Proposed tax changes under a Trump administration could level the company's advantage, Wissink tells investors in a research note. She expects shares could be range-bound until visibility improves and lowered her price target for the stock to $93 from $105.
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