Fly News Breaks for March 12, 2015
LL
Mar 12, 2015 | 13:02 EDT
Piper Jaffray says Lumber Liquidators' business update today "went well and helped to calm fears on the sourcing and safety of products." Piper believes Lumber's business liability at this point is �minimal� after the company provided "substantial detail" on its testing to ensure its products are safe and compliant. It adds that the company's sales decline since the 60 Minutes piece is not bad as it had expected. Piper lowered its price target for Lumber Liquidators shares to $40 from $55 and keeps a Neutral rating on the name.
News For LL From the Last 2 Days
There are no results for your query LL