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Wedbush slashes its price target on shares of Travelzoo (TZOO -4.8%) to $72 from $107 on...

Wedbush slashes its price target on shares of Travelzoo (TZOO -4.8%) to $72 from $107 on concerns over increased competition and declining sales. The new PT still marks a premium pgf 125% over TZOO's current trading price after a month-long downward slide saw the stock lose 33%.
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