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Fly News Breaks for October 20, 2016
TBI
Oct 20, 2016 | 08:24 EDT
As previously reported, Avondale downgraded TrueBlue two notches to Underperform from Outperform and lowered its price target to $15 from $25. Analyst Randle Reece said TrueBlue's (TBI) Q3 report was significantly blow expectations as revenues worsened in the quarter and management indicated its staffing business for Amazon (AMZN) would all but disappear in 2017.
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