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Fly News Breaks for April 1, 2015
UTIW
Apr 1, 2015 | 06:50 EDT
As previously reported, RBC Capital downgraded UTi Worldwide to Sector Perform. The firm lowered estimates again following the weak Q4 report and guidance and said it has "lost confidence" in the company's ability to deliver top-line growth, cost cuts, and margin improvement near-term. RBC Capital reduced UTi Worldwide's price target to $11 from $13.
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