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Fly News Breaks for December 17, 2015
KATE
Dec 17, 2015 | 05:38 EDT
Goldman Sachs analyst Lindsay Drucker Mann started Kate Spade with a Neutral rating and $20 price target. The analyst views Kate Spade as the best growth story in handbags, but feels near-term softness within the broader U.S. handbag industry will temper the company's growth.
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