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Fly News Breaks for October 7, 2015
NUS
Oct 7, 2015 | 07:23 EDT
Canaccord noted NuSkin preannounced revenue numbers that was below guidance, which suggests softer trends in China and the long awaited sustainable turn in momentum has failed to materialize. The firm expects a new product cycle to help support the return to growth. Canaccord maintained its Hold rating and lowered its price target to $45 from $48 on NuSkin shares.
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