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Fly News Breaks for May 11, 2016
ROST
May 11, 2016 | 06:10 EDT
Piper Jaffray analyst Neely Tamminga downgraded Ross Stores to Underweight citing the weakening consumer environment. The shares, trading near a five-year high, could come under pressure "should the first fiscal quarter underwhelm investors," Tamminga tells investors in a research note. She lowered her price target for the shares to $55 from $56.
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