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Fly News Breaks for January 8, 2020
LBTYA
Jan 8, 2020 | 06:55 EDT
Citi analyst Nayab Amjad lowered Liberty Global's price target to $21 from $25 and reiterates a Sell rating on the shares. The analyst says that while the Sell thesis has partially played down given the breakdown of the Swiss sale and weaker trends in the U.K., the shares have further downside as the U.K. continues to remain under pressure and Belgium likely to face further pressure due to worsening regulatory conditions.
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