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Fly News Breaks for January 7, 2016
HOFT
Jan 7, 2016 | 07:36 EDT
BB&T analyst Matthew McCall upgraded Hooker Furniture to Buy and established a $33 price target on shares. McCall said Hooker's purchase of Home Meridian Furniture should more than double the company's annual revenue, broadens its distribution network, and earnings accretion should be north of 30% in the first year.
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