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News Breaks | | | | November 9, 2012 | | 09:01 EDT |  | ATX | AT Cross Co shares undervalued, says DA Davidson
After AT Cross' stock dropped 25% year-to-date, DA Davidson believes that visibility is low into the outlook for the company's Cross Accessory Division. However, the firm thinks the company's valuation is arguably low even if the division's European business was to shut down, and it reiterates a Buy rating on the stock. | |
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