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Fly News Breaks for November 4, 2016
MDCA
Nov 4, 2016 | 08:57 EDT
As noted earlier, BMO Capital downgraded MDC Partners to Market Perform from Outperform. Analyst Daniel Salmon believes that the company's hiring of an adviser could cause investors to worry that the company will carry out an equity raise and creates uncertainty. Target to $5 from $23.
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