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Fly News Breaks for January 10, 2019
IHG
Jan 10, 2019 | 05:25 EDT
Goldman Sachs analyst Stephen Grambling downgraded InterContinental Hotels to Neutral with a $66 price target. To analyst reduced his estimates for the company to reflect a cycle driven deceleration of growth in fiscal 2019 and 2020. However, he continues to view IHG's asset light business model as attractive in the long-term.
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