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BG Staffing price target lowered to $8 from $9 at Roth Capital

Roth Capital analyst Jeff Martin lowered the firm’s price target on BG Staffing (BGSF) to $8 from $9 and keeps a Buy rating on the shares. The firm is adjusting its model after the company’s “challenging” Q1 results but still believes that the business is well positioned to perform once staffing industry demand picks up, the analyst tells investors in a research note.

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