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Fly News Breaks for May 9, 2017
PETS
May 9, 2017 | 08:44 EDT
Craig-Hallum analyst Kevin Ellich raised his price target for PetMed Express to $31 from $23 after the company reported "strong" Q4 results that affirmed several positive attributes, including tailwinds from the animal health industry's shift to oral medications, and strong efficiency in advertising spend following the company's decision to exit TV advertising. The analyst reiterates a Buy rating on the shares.
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