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Fly News Breaks for April 14, 2019
CHL
Apr 14, 2019 | 22:01 EDT
Goldman Sachs analyst Tina Hou downgraded China Mobile to Neutral from Buy and lowered her price target for the shares to $55 from $64. The analyst sees "limited" near-term growth drivers and catalysts for the shares after management "toned down" the company's dividend payout ratio guidance.
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