Sonos (SONO) Tops Q1 EPS by 15c, notes reduced sell-through velocity toward end of Q1
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Sonos Inc. (SONO) PT Lowered to $19 at Raymond James
February 7, 2019 7:33 AM ESTRaymond James analyst Adam Tindle lowered the price target on Sonos Inc. (NASDAQ: SONO) to $19.00 (from $21.00) while maintaining a Outperform rating.
Tindle said bears are likely to focus on 1) channel inventory workdown that impacts timing of revenue (though no changes to FY19); and 2) a CFO retirement announcement.
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