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Fly News Breaks for August 18, 2017
LL
Aug 18, 2017 | 05:27 EDT
Oppenheimer analyst Brian Nagel raised his price target for Lumber Liquidators to $43 and reiterates an Outperform rating on the name. After studying recent trends at the company and the overall dynamics within the flooring sector, the analyst believes that a turnaround at Lumber Liquidators is "taking hold and gaining steam even quicker than we had previously envisioned." Nagel views the stock's valuation as compelling at current levels.
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