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Fly News Breaks for November 9, 2015
NWSA
Nov 9, 2015 | 06:05 EDT
Wells Fargo analyst Eric Katz downgraded News Corp. to Market Perform saying the newspapers business is unlikely to experience a meaningful near-term turnaround while the cable business isn't gaining much share in Australia. Katz cut his price target range for shares to $14.50-$16.50 from $19-$21 following the company's Q1 results.
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