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Fly News Breaks for December 13, 2018
OXM
Dec 13, 2018 | 08:08 EDT
KeyBanc analyst Edward Yruma lowered his price target for Oxford Industries to $90 from $104, while reiterating an Overweight rating on the shares. The analyst notes the company posted solid Q3 results, and views the moderation in comp trends as more of an "aberration" than endemic operational issues. His view on the high end has moderated somewhat in the near-term given volatile equity markets, but Yruma thinks conditions generally remain supportive.
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