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Sonos shares climb after bullish note from Morgan Stanley

By   /   Monday, January 28th, 2019  /   Comments Off on Sonos shares climb after bullish note from Morgan Stanley

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Santa Barbara speaker maker Sonos’ stock was up 1.5 percent in morning trading after Morgan Stanley analyst Yuuji Anderson upgraded Sonos shares, citing his increased confidence in the company's new products. "We see potential upside from custom home installations and the Ikea partnership," wrote Anderson, who lowered his price target to $15 from $20. "Accelerated…

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