Fly News Breaks for March 20, 2017
Mar 20, 2017 | 07:44 EDT
Baird analyst Jonathan Komp said near-term fundamentals for Duluth Holdings remain mixed, as he acknowledged mixed retail trends and unusual weather patterns have weighed on the recent performance of the shares. Komp believes the upcoming Q3 results have be de-risked with the recent share price drop and lowered estimates by the Street. Komp continues to find Duluth Holdings attractive, citing its valuation and fundamentals, and thus reiterated his Outperform rating and $30 price target on the shares.
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