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Fly News Breaks for June 5, 2017
FII
Jun 5, 2017 | 06:39 EDT
Citi analyst William Katz downgraded Federated Investors to Sell and lowered his price target for the shares to $24 from $26 after reordering his rankings in the Asset Manager space. The analyst believes "winners must have a combination of Active, Passive, Alternatives, digital delivery and risk management acumen."
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