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Fly News Breaks for May 13, 2015
HMIN
May 13, 2015 | 07:54 EDT
Brean Capital lowered its price target on Home Inns to $39 from $47 following in-line Q1 results and Q2 revenue guidance that missed expectations. The firm expects efficiency improvements and gross margins expansion and thus maintains its Buy rating on Home Inns shares.
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