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Fly News Breaks for March 25, 2015
LL
Mar 25, 2015 | 14:49 EDT
Goldman said the Chairman of the Consumer Products Safety Commission's decision not to replicate deconstructive tests but to test emissions is a positive for Lumber Liquidators. The firm said the deconstructive tests were an important component of the bear case and Lumber Liquidators says it has passed, based on its testing, emissions tests. Goldman rates Lumber Liquidators a Neutral with a $35 price target given significant gross margin pressures.
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