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Fly News Breaks for February 10, 2016
USNA
Feb 10, 2016 | 08:19 EDT
As noted earlier, DA Davidson downgraded USANA to Neutral from Buy. As reasons for the downgrade, the firm cited its belief that the company will be hit by higher costs, including higher associate incentives, as well as negative negative foreign exchange fluctuations. The firm thinks that the company's weak Associate growth outside of China increases its risk and raises the chances of it hiking its associate incentives. Target $130.
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