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Fly News Breaks for August 27, 2015
TLYS
Aug 27, 2015 | 08:45 EDT
After Tilly's reported weaker than expected Q2 results and provided weaker than expected Q3 guidance, Roth Capital reduced its estimates for the company. However, the firm continues to believe that the company has an attractive valuation, strong balance sheet, meaningful store growth outlook, fast-growing e-commerce presence, and is focused on preserving product margins. Roth keeps a $12 price target and Buy rating on the shares.
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