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Fly News Breaks for June 14, 2018
BITA
Jun 14, 2018 | 08:15 EDT
As previously reported, Macquarie analyst Wendy Huang downgraded Bitauto to Neutral from Outperform, with a $29 price target, saying that while Q1 results beat estimates, Q2 guidance was largely in-line and provision ratio is likely to stabilize at a high level.
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