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Fly News Breaks for September 17, 2018
VSI
Sep 17, 2018 | 07:50 EDT
Morgan Stanley analyst Simeon Gutman resumed coverage of Vitamin Shoppe with an Equal Weight rating and $14 price target, telling investors that he has greater confidence in a sustained recovery as his management meetings pointed to signs that its new top and bottom line drivers appear to be working. However, the segment is still highly competitive and promotional and margins remain under pressure from a consumer shift online, Gutman added.
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