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Fly News Breaks for October 20, 2016
AMCX
Oct 20, 2016 | 08:31 EDT
As noted earlier, Pacific Crest downgraded AMC Networks to Sector Weight from Overweight. Analyst Andy Hargreaves says that the company's ratings have been weak so far this year. He thinks that the ratings will continue to be weak or decelerate further, causing the company's ad revenue to decline.
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