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Fly News Breaks for November 3, 2016
SNAK
Nov 3, 2016 | 08:45 EDT
Roth Capital analyst Anton Brenner notes that an earnings full recovery may take a bit longer than he had anticipated, although the analyst believes the company to be "solidly" profitable in 2017. Brenner continues to anticipate historically peak income by 2018, and says that while the large debt position is a headwind, a strategic review underway suggests an acquisition is possible. He reiterates a Buy rating and $10.50 price target on the shares.
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