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Fly News Breaks for January 15, 2016
Jan 15, 2016 | 08:17 EDT
After Skullcandy's negative preannouncement, Oppenheimer says that the stock is selling below its estimate of the company's working capital. Consequently, the firm thinks the shares are "probably oversold." It cut its price target on the shares to $6 from $8 but keeps an Outperform rating.
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