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Fly News Breaks for August 6, 2015
FOXA
Aug 6, 2015 | 08:21 EDT
After 21st Century Fox provided fiscal 2016 EBITDA growth guidance of mid single digits, RBC Capital thinks that the company's EBITDA can grow in the low double digits in fiscal 2016 and fiscal 2017. The firm says that new channel launches and expansion of the company's international business should cause its growth to accelerate. RBC keeps a $39 price target and Outperform rating on the shares.
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