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Fly News Breaks for May 6, 2015
ZU
May 6, 2015 | 07:40 EDT
As noted earlier, Oppenheimer downgraded zulily to Perform from Outperform. After the company cut its fiscal 2015 revenue guidance by 14%, Oppenheimer thinks there is too much risk to the company's near-term guidance, given the continued downward revisions to its forecasts.
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