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Fly News Breaks for November 10, 2016
PFSW
Nov 10, 2016 | 07:46 EDT
Canaccord analyst Michael Graham lowered his price target to $14 from $17 on PFSweb after its Q3 report to reflect the company's efforts in expanding fulfillment capacity, investing in S&M, and expectations for lower EBITDA. However, Graham maintained his Outperform rating on PFSweb, noting its top-line execution and guidance and believes management is setting the stage for long-term growth among new and existing clients.
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