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Fly News Breaks for September 20, 2016
HSNI
Sep 20, 2016 | 06:53 EDT
BofA/Merrill analyst Heather Balsky initiated HSN, Inc with an Underperform and a $33 price target. The analyst believes the company's Cornerstone home business will continue to be challenged given the aggressive promotional environment and expects uncertainty about the business to pressure the multiple.
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