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Fly News Breaks for August 11, 2017
ASCMA
Aug 11, 2017 | 05:01 EDT
Imperial Capital analyst Jeff Kessler downgraded Ascent Capital to In-Line and cut his price target for the shares to $13.50 from $17. To reflect the weaker than expected quarterly results, termination of relationships with several dealers and lower dealer productivity, the analyst reduced his estimates for the company.
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