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Benzinga

Business

Priya Nigam

This Analyst Sees 4 Near-Term Risks For Overstock

Overstock BofA Securities Nasdaq OSTK Curtis Nagle

Overstock.com Inc’s (NASDAQ:OSTK) revenues through 2022 are likely to be under much more pressure than earlier anticipated throughout this year, according to BofA Securities.

The Overstock Analyst: Curtis Nagle downgraded the rating for Overstock from Buy to Neutral, while reducing the price target from $85 to $38.

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