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Fly News Breaks for October 31, 2016
PSMT
Oct 31, 2016 | 09:03 EDT
Roth Capital analyst Dave King raised his price target for PriceSmart to $100 from $95 following the company's results beat on lower taxes and improving gross margin, partially offset by higher expenses. The analyst maintains a Buy rating on the shares, which reflects PriceSmart's quality business model, strong management, and market position as a low-cost leader.
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