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Fly News Breaks for October 14, 2015
DISCA
Oct 14, 2015 | 07:07 EDT
Macquarie downgraded Discovery to Neutral and lowered its price target to $29 from $35. Analyst Amy Young is concerned management's international ramp will not be enough to offset a a softening domestic franchise, combined with its emerging sports franchise, could pressure margins and capital returns.
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