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Fly News Breaks for April 10, 2017
AMCX
Apr 10, 2017 | 05:34 EDT
Piper Jaffray analyst Stan Meyers downgraded AMC Networks to Neutral citing viewership declines at the flagship Walking Dead franchise, "quickly accelerating" content and marketing costs as well as his firm's teen survey which indicated teens are turning away from cable at a faster pace. The analyst cut his price target AMC shares to $60 from $73.
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