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Fly News Breaks for February 22, 2017
AU
Feb 22, 2017 | 05:30 EDT
Citi analyst Johann Steyn downgraded AngloGold Ashanti to Sell saying the market is underestimating how "unsustainable the past four years' austerity measures have been." The analyst cut his estimates to reflect higher cash costs and dropped his price target for the shares to R140 from R170.