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Fly News Breaks for May 19, 2015
LL
May 19, 2015 | 06:34 EDT
Cantor Fitzgerald analyst Laura Champine downgraded Lumber Liquidators to Hold saying there are "too many" regulatory and legal risks at the current time. Negative press continues to gain momentum for the retailer, Champine tells investors in a research note. The analyst cut her price target for the stock to $26 from $42. Shares of Lumber Liquidators closed yesterday down 20c to $26.06.
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