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Fly News Breaks for November 3, 2016
VSI
Nov 3, 2016 | 08:01 EDT
As previously reported, Morgan Stanley downgraded Vitamin Shoppe (VSI) to Equal Weight from Overweight citing lack of top acceleration. Analyst Simeon Gutman said GNC Holdings' (GNC) new strategy, including lower prices, will make it difficult for Vitamin Shoppe to grow the top line and said industry dynamics are worsening with the shift towards mass/online channels.
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