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Fly News Breaks for April 17, 2019
NOAH
Apr 17, 2019 | 07:29 EDT
Citi analyst Daphne Poon downgraded Noah Holdings to Neutral from Buy while raising her price target for the shares to $58.50 from $54.30. The analyst sees a less attractive risk/reward with the shares up 25% year-to-date. She expects the company's demand recovery to take time and views the stock as fairly priced at current levels.
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