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Fly News Breaks for November 29, 2018
Nov 29, 2018 | 08:48 EDT
Lake Street analyst Mark Argento halved his price target for Evine Live to $1 but maintains a Buy rating on the shares following the company's Q3 results. Evine reported a "brutal quarter as a significant revenue miss rippled across the financials and impacted profitability in a big way," Argento tells investors in a research note. He views Q4 as "absolutely critical" for the company to get back on track.
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