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Fly News Breaks for August 6, 2019
LEAF
Aug 6, 2019 | 07:38 EDT
As reported previously, Cowen analyst Thomas Champion downgraded Leaf Group to Market Perform from Outperform following inline Q2 results. The analyst said the Society6 marketplace looks challenged and with new leadership in place, it may take 1-2 quarters before trends stabilize. Champion lowered his price target to $7 from $10 on Leaf Group shares.
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