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Fly News Breaks for October 8, 2018
SFIX
Oct 8, 2018 | 08:33 EDT
KeyBanc analyst Edward Yruma thinks Stitch Fix's differentiated model can drive "attractive" multiyear growth. The analyst points out that his recent management meetings with the company's COO, CFO, and IR helped allay some of his concerns post Q4. Yruma adds that investment cycles are not unusual for growth companies and can provide attractive entry points. He reiterates an Overweight rating and $45 price target on the shares.
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