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Fly News Breaks for August 10, 2016
W
Aug 10, 2016 | 07:26 EDT
As previously reported, BofA/Merrill downgraded Wayfair to Neutral and lowered its price target to $45 from $54. Analyst Justin Post said the Q2 report marked a trend reversal with slowing revenue and order growth in 2H 2016, margin declines, and reduced visibility into the US consumer, order and margin trends.
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