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Fly News Breaks for June 3, 2015
HSNI
Jun 3, 2015 | 06:59 EDT
As previously reported, Stifel transferred coverage on HSN, Inc with a Buy rating from a Hold rating with a $78 price target. The firm believes HSN is well positing to benefit from ongoing growth in mobile commerce, millennial spending, and the evolution of shopping. Stifel said HSN has valuable brand partnerships that give it access to proprietary content and products and brand diversification that minimizes exposure to individual trends and product cycles.
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