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Fly News Breaks for March 13, 2015
LL
Mar 13, 2015 | 07:12 EDT
Goldman downgraded Lumber Liquidators to Neutral and lowered its price target to $35 from $40 to reflect a severe hit to margins as the company adopts an aggressive promotional strategy in 2015. Additionally, the firm said yesterday's conference call did not address all the lingering issues from the 60 Minutes report.
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