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Fly News Breaks for October 16, 2015
TBI
Oct 16, 2015 | 06:38 EDT
Deutsche Bank analyst Paul Ginocchio downgraded TrueBlue to Hold citing the slowing of key macro data such as construction and ISM Manufacturing Employment. The company's revenue is likely to decelerate while the consensus is looking for acceleration, Ginocchio tells investors in a research note. He cut his price target for shares to $26 from $30.
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