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Fly News Breaks for August 14, 2015
KING
Aug 14, 2015 | 06:35 EDT
JPMorgan analyst Doug Anmuth downgraded King Digital Entertainment to Neutral citing an elevated risk profile following the company's Q2 results. King's network metrics were weaker than expected while a key component of the company's pipeline, the upcoming mid-core game, is pushed to 2016, Anmuth tells investors. He cut he price target for shares to $17 from $20.
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