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Aterian downgraded to Neutral from Buy at Alliance Global Partners

Alliance Global Partners analyst Brian Kinstlinger downgraded Aterian (ATER) to Neutral from Buy without a price target The firm says 75% of the company’s product is sourced from China. Management is planning price increases, but all of the higher cost from tariffs will be difficult to pass on without a significant impact to demand, the analyst tells investors in a research note. Alliance awaits more information on Aterian’s strategy regarding how much product to import from China and magnitude of price increases.

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