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Fly News Breaks for October 31, 2017
NLS
Oct 31, 2017 | 07:01 EDT
SunTrust analyst Michael Swartz downgraded Nautilus to Hold from Buy and lowered his price target to $16 from $22 following Q3 earnings miss. Swartz says the High Velocity Training products may not lead to direct segment growth right away, adding that there are several topline headwinds until at least mid-FY18 clouding visibility of the company returning to 10%+ growth in the near-term.
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