Fly News Breaks for January 17, 2020
Jan 17, 2020 | 09:30 EDT
Loop Capital analyst Laura Champine raised her price target on SmileDirectClub to $20 and kept her Buy rating, citing the company's growth potential in its wholesale business. The analyst is positive on the "unmatched" convenience and value that SmileDirectClub offers consumers and believes that the company is well positioned to continue taking market share in its direct channel as well. Champine also raises her FY20 EPS view for SmileDirectClub by 11c to (23c).
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