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Fly News Breaks for April 28, 2015
MDCA
Apr 28, 2015 | 06:51 EDT
RBC Capital downgraded MDC Partners with a $31 price target following the disclosure of an ongoing investigation into key issues that began with the SEC subpoena in October 2014. The firm expects shares to remain range bound near-term but notes fundamentals, guidance and dividend remain intact.
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