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Fly News Breaks for November 30, 2016
TUP
Nov 30, 2016 | 08:47 EDT
Piper Jaffray analyst Stephanie Wissink updated her model and trimmed her price target on Tupperware Brands to $60 from $61 following the company's monthly foreign exchange guidance, which pointed to "notably worsening" currency expectations into Q4 and through 2017. The analyst keeps a Neutral rating on the stock and remains on the sidelines due to the company's significant exposure to increasing global macroeconomic headwinds, she tells investors.
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