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Fly News Breaks for February 19, 2019
TTS
Feb 19, 2019 | 13:15 EDT
Loop Capital analyst Anthony Chukumba maintained a Hold rating and $7 price target on Tile Shop Holdings, saying the stock was still a "show me story" given its currently declining store traffic as well as weakening U.S. existing home sales. However, the analyst was encouraged by the company's Q4 results, including "healthy comparable store sales growth and robust year-over-year gross margin expansion and SG&A expense leverage."
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