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Fly News Breaks for April 30, 2019
PETQ
Apr 30, 2019 | 13:58 EDT
Oppenheimer analyst Brian Nagel says today's short report on PetIQ is "not new and very much at odds" with the company's improving business model. PetIQ remains in the early stages of building out a pet supply distribution and services "juggernaut," Nagel tells investors in a research note. He keeps an Outperform rating on the shares, which are down 16% to $25.50 in afternoon trading following a negative report from Spruce Point Capital Management.
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