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Friday, October 24, 2014

Cabelas (CAB) Stock Downgraded at DA Davison

The firm said it lowered its rating on the specialty retailer and direct marketer of hunting, fishing, camping, and other outdoor merchandise, following the company's "disappointing" 2014 third quarter earnings results . DA Davidson cut its full year 2014 earnings per share estimate on Cabelas to $3.15 per share, from $3.63 per share, and reduced its full year 2015 EPS forecast to $3.52 per share, from $4.21 per share.

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