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Fly News Breaks for August 14, 2018
NLSN
Aug 14, 2018 | 08:32 EDT
Baird analyst Jeffrey Meuler raised his price target on Nielsen to $30 from $26 following the announcement Elliott Management of an 8.4% activist stake. The analyst sees multiple avenue to unlock value including the company's Watch and Buy segments which could be of interest of private equity. He also sees the potential for expense reduction and a more broader and urgent strategic review. Meuler reiterated his Outperform rating on Nielsen shares.
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