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Fly News Breaks for March 14, 2016
PSG
Mar 14, 2016 | 08:11 EDT
Morgan Stanley downgraded Performance Sports Group to Equal Weight from Overweight. Analyst Jay Sole said the profit warning indicates visibility is much poorer than previously thought. Sole does not expect baseball sales too recover meaningfully before FY18 and lowered his price target on shares to $5.
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