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Fly News Breaks for June 4, 2019
LE
Jun 4, 2019 | 10:50 EDT
Craig-Hallum analyst Alex Fuhrman upgraded Land's End to Buy from Hold following the company's report of "strong" Q1 results, which he said highlights the company's differentiated, digital-first model. Retail same-store sales increased 12.0% overall and Lands' End generates well over 80% of its sales online, noted Fuhrman, who thinks the company is on the right path under CEO Jerome Griffin. He maintains a $21 price target on Land's End shares.
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