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Fly News Breaks for April 3, 2017
VIRT, KCG
Apr 3, 2017 | 06:23 EDT
Wells Fargo analyst Christopher Harris downgraded KCG Holdings (KCG) to Market Perform saying the offer from Virtu Financial (VIRT) "seems fair." The analyst admits that he has "no edge" on the deal's prospects. His $16-$18 price target range for KCG reflects the company's standalone value.
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