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Fly News Breaks for February 9, 2016
FOXA
Feb 9, 2016 | 08:34 EDT
After 21st Century Fox reported lower than expected Q2 EPS, Pacific Crest continues to believe the company is well-positioned to drive strong profit growth at its Cable Networks segment over the next two years. As a result, the firm has a positive view on the stock. It trimmed its price target on the name to $34 from $35 and keeps an Overweight rating.
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