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Fly News Breaks for February 14, 2018
SPB
Feb 14, 2018 | 08:33 EDT
BMO Capital analyst Shannon Coyne lowered her price target on Spectrum Brands to $125 after the company's Q1 results, saying the earnings excluding the tax benefits would have been a 15c miss while EBITDA missed consensus by about 10%. Coyne keeps the Outperform rating on Spectrum Brands, noting that the company can benefit from a stronger growth trajectory as it re-focuses on its core businesses.
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