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Fly News Breaks for October 26, 2016
NLSN
Oct 26, 2016 | 07:37 EDT
After Nielsen reported weaker than expected results and the company said that 2017 would be an investment year for its Buy business, causing the stock to tumble nearly 17%, Wells Fargo says that the weakness was overdone. The firm says that only 7% of the company's business is under pressure, while 93% of its business "is performing at or above expectations and is a high quality...franchise." Wells recommends that long-term investors buy the shares on weakness.
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