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Fly News Breaks for May 4, 2016
HSNI
May 4, 2016 | 14:18 EDT
Craig-Hallum analyst Alex Fuhrman lowered HSN, Inc's price target to $62 from $68 following the mixed Q1 report driven by lower than expected revenue. The analyst believes HSN will continue to face a difficult environment in Q2 before results begin to improve in 2H 2016 and maintains his Buy rating.
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