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Fly News Breaks for April 2, 2015
ICON
Apr 2, 2015 | 08:44 EDT
As previously reported, Cowen downgraded Iconix Brand to Market Perform from Outperform. The firm cited uncertainty of free cash flow following the resignation of the company's CFO as well as the trajectory of organic growth. Cowen lowered its price target to $36 from $40 on Iconix Brand shares.
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