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Fly News Breaks for October 6, 2015
NIHD
Oct 6, 2015 | 06:24 EDT
Jefferies analyst Mike McCormack started shares of NII Holdings with an Underperform rating and $4.50 price target. The company continues to face "meaningful" operational challenges given competitive pressures as well as economic and currency issues, McCormack tells investors in a research note. He believes a takeover is unlikely in the near or mid-term.
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