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Fly News Breaks for January 19, 2016
DIS
Jan 19, 2016 | 07:39 EDT
Stifel cut its price target on Disney citing what it sees as risks to its estimates for the company's Media unit. The firm says that these risks stem from foreign currency headwinds and the company's decision to reduce its SVOD exposure. Stifel says that Media's valuation should be reduced. However, the firm keeps a Buy rating on the shares.
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