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Fly News Breaks for January 8, 2016
CBS
Jan 8, 2016 | 07:25 EDT
Stifel cut its price target on CBS based on its belief that the growth of industry syndication/SVOD revenues will decelerate significantly going forward. The firm says that CBs has more exposure to these areas than its peers, but it still thinks the company can meet 2016 estimates. It keeps a Buy rating on the shares.
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