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Fly News Breaks for June 28, 2016
ATHM
Jun 28, 2016 | 05:44 EDT
Credit Suisse analyst Evan Zhou downgraded Autohome to Underperform saying the business is likely to experience challenges in the near term as Ping An and the new management team start the integration process. Zhou cut his price target for the shares to $18 from $31.50.
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