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Fly News Breaks for May 13, 2015
LL
May 13, 2015 | 16:11 EDT
Oppenheimer started coverage of Lumber Liquidators with a Perform rating, as the firm sees the potential for a long-term opportunity at the company but believes Street EPS forecasts remain too optimistic in the near-term. Oppenheimer noted it believes Lumber Liquidators shares could slide to the low-to mid $20 per share area before setting up for a "prolonged" move higher.
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