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Fly News Breaks for September 13, 2018
SFIX
Sep 13, 2018 | 15:16 EDT
KeyBanc analyst Edward Yruma maintained an Overweight rating on Stitch Fix, raised his price target to $53 from $38, and raised his Q4, FY18, FY19, and FY20 EBITDA estimates. Yruma told investors in a research note released before the market open that he is increasingly confident in management's ability to grow market share at a healthy margin, and noted that the company's data science capabilities give it a unique advantage over its competitors.
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