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Fly News Breaks for March 16, 2015
EROS
Mar 16, 2015 | 06:37 EDT
After traveling with Eros' CEO, Wells Fargo says it received extensive updates on the company's opportunity for new TV networks and ErosNow OTT, The firm was pleased by what it heard and is now more upbeat on the company's long-term growth strategy. It notes that the company believes it can reach $1B EBITDA in ten years. Wells keeps an Outperform rating on the shares.
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