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Fly News Breaks for April 6, 2015
LL
Apr 6, 2015 | 06:43 EDT
Raymond James upgraded Lumber Liquidators to Outperform with a $40 price target after commissioning tests on two Chinese laminated wood flooring products. The tests demonstrated safety as prescribed by the California Air Resource Board and were not deconstructed tests as reported in the 60 Minutes story. Raymond James expects Lumber Liquidators' near-term to be challenging but believes sales, earnings, shares will move higher longer-term.
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