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Fly News Breaks for March 13, 2019
KDDIY
Mar 13, 2019 | 07:06 EDT
Nomura Instinet analyst Daisaku Masuno downgraded KDDI to Neutral from Buy and lowered his price target for the shares to 2,400 yen from 3,170 yen. The analyst is taking a more cautious stance towards the mobile telecom subsector "until such time as 4G rate cuts have been completed."
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