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Fly News Breaks for August 12, 2015
VIPS
Aug 12, 2015 | 07:18 EDT
Brean Capital lowered its price target on Vipshop to $25 from $30 following its Q2 report, citing slightly softer guidance from seasonality as well as the continued impact from phasing out the group-buy business. Brean Capital maintained its Buy rating on Vipshop shares.
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