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Fly News Breaks for April 21, 2015
ICON
Apr 21, 2015 | 07:18 EDT
Brean Capital lowered its price target on Iconix Brand to $34 from $42 following the departure of its COO, which was the second major executive departure in less than a month. The uncertainty causes Brean Capital to lower its price target, but the firm maintains its Buy rating, as they believe the company's licensing is one of the more attractive business models in the consumer discretionary space.
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