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Fly News Breaks for August 24, 2015
TUES
Aug 24, 2015 | 07:14 EDT
As noted earlier, Stifel upgraded Tuesday Morning to Buy from Hold. The firm says that the stock's valuation suggests that investors believe that the company could disappear. However, the firm thinks that the company has a healthy balance sheet, strong comps and visible growth drivers and positive expected free cash flow yield. Stifel keeps a $9 price target and Buy rating on the shares.
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