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Fly News Breaks for March 16, 2018
SCVL
Mar 16, 2018 | 07:15 EDT
Pivotal Research analyst Mitch Kummetz upgraded Shoe Carnival to Buy and raised his price target for the shares to $30 from $29. The analyst sees a favorable risk/reward profile following the recent pullback in the shares. He believes the company's Q4 results will come in better than plan, driven by likely upside on comp and margins.
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