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Fly News Breaks for November 5, 2015
HSNI
Nov 5, 2015 | 07:54 EDT
Brean Capital lowered its price target on HSN, Inc. to $72 from $81 following disappointing Q3 results. The firm does not believe there is anything fundamentally wrong with the business, but sees tough comps ahead. Brean Capital expects the shares to remain range bound following yesterday's selloff, but expects the shares to perform well over the next 12 months. Brean Capital maintained its Buy rating on HSN, Inc. shares.
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