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Fly News Breaks for April 30, 2015
PSUN
Apr 30, 2015 | 07:42 EDT
DA Davidson downgraded Pacific Sunwear to Neutral and lowered its price target to $2.50 from $4 to reflect the lackluster environment. The firm has noted an increased promotional environment during the quarter likely due ot the late spring selling season and sees little upside to shares until comps accelerate.
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