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Fly News Breaks for June 6, 2016
OXM
Jun 6, 2016 | 09:36 EDT
Stephens analyst Rick Patel lowered his price target for Oxford Industries to $78 from $84 to reflect a more "difficult" environment in the near-term for Tommy Bahama label carried by the company, which has been susceptible to volatility in the past. However, the analyst expects Lilly, another label carried by Oxford Industries, to continue its "strong momentum." He reiterates an Overweight rating on the shares.
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