CIBC World Downgrades 1-800-Flowers

Analyst Peter Benedict also cut his ratings on Linens 'N Things and GSI Commerce to create an even distribution in a three-tier rating system

CIBC World downgraded 1-800-Flowers (FLWS ) to sector perform from sector outperform. It also downgraded Linens 'N Things (LIN ) and GSI Commerce (GSIC ) to sector underperform from sector perform.

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