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Fly News Breaks for April 28, 2016
AMOV, AMX
Apr 28, 2016 | 08:38 EDT
Citi analyst Lucio Aldworth downgraded America Movil to Sell saying the company's "weak" Q1 results suggest further pressures ahead amid increased competition and macro weakness. The analyst lowered his price target for the shares to $13.70 from $15.50. JPMorgan and BofA/Merrill also downgraded America Movil today.
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