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Fly News Breaks for August 5, 2019
CMCM
Aug 5, 2019 | 07:49 EDT
Jefferies analyst Thomas Chong started Cheetah Mobile with an Underperform rating and $2.90 price target. The analyst considers Cheetah Mobile as being in a transition phase amid the slowdown in its utility business and thinks new business will take time to grow.
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