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Fly News Breaks for December 18, 2015
MLHR
Dec 18, 2015 | 08:47 EDT
As previously reported, Raymond James downgraded Herman Miller to Market Perform from Outperform. Analyst Budd Bugatch said Q2 performance across Herman Miller's business segments was uneven and execution has been disappointing. Bugatch does not view shares as expensive, but given missteps, and looming competition from a large competitive, recommends moving to the sidelines.
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