Here's Why Stitch Fix Is Falling By Double Digits Again

In response to receiving an analyst downgrade, shares of Stitch Fix (NASDAQ: SFIX) dropped 11% as of 10:30 a.m. EDT on Thursday. Erinn Murphy, an analyst at Piper Jaffray, is the source of today's drop. While Murphy increased her near-term price target on the stock from $29 to $43, she simultaneously downgraded Stitch Fix's stock to "neutral" from "overweight."Image source: Stitch Fix.Continue reading

Topics:  stitch    nasdaq   sfix dropped    erinn murphy   jaffray   overweight."image   fix   murphy   analyst   stock   source   
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