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Fly News Breaks for February 5, 2016
OUTR
Feb 5, 2016 | 07:16 EDT
Roth Capital downgraded Outerwall to Sell and moved its price target to $23.50 saying cash flow visibility is deteriorating. The firm's analyst said 2016 guidance underscore that rental declines are a long-term secular issue that will put meaningful pressure on cash flow, and with few catalysts for shares, moved to a Sell rating following the firm's February 1 downgrade to Neutral.
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