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Fly News Breaks for November 17, 2016
NLSN
Nov 17, 2016 | 05:33 EDT
Citi analyst Jason Bazinet downgraded Nielsen Holdings to Neutral and lowered his price target for the shares to $45 from $54 after assuming coverage of the name. The valuation isn't compelling as the company's historic growth is tied to one segment, Watch, and its adjusted earnings benefits from a very low tax rate, Bazinet tells investors in a research note.
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