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Fly News Breaks for May 22, 2018
HIBB
May 22, 2018 | 07:24 EDT
Canaccord analyst Camilo Lyon said he is a buyer of Hibbet Sports ahead of its Q1 results. The analyst believes the company will show upside to estimates as the company should benefit from e-commerce and an improving product assortment. He believes the inventory mix is in a better position and should continue to improve sequentially through the year. Lyon reiterated his Buy rating and raised his price target to $31 from $29 on Hibbett Sports shares.
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