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Fly News Breaks for January 4, 2017
AMG
Jan 4, 2017 | 06:38 EDT
Goldman analyst Alexander Blostein removed Affiliated Managers from the Conviction Buy List and maintained its Buy rating with a $190 price target. Blostein said retail flows have softened with a negative Q4 outflows of $1.5B and its Managed Futures fund is on track to post $1B in Q4 outflows but said shares remain compelling longer-term.
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