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Fly News Breaks for July 17, 2017
DLB
Jul 17, 2017 | 05:32 EDT
B. Riley analyst Eric Wold upgraded Dolby to Buy and raised his price target for the shares to $61.50 from $57. The analyst sees accelerating free cash flow in FY18 and beyond as Dolby Vision and Cinema "latch onto consumer demand." He also sees upside potential when the company reports Q3 results next week.
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