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Fly News Breaks for July 28, 2017
OAK
Jul 28, 2017 | 05:24 EDT
Goldman Sachs analyst Alexander Blostein downgraded Oaktree Capital to Neutral and lowered his price target for the shares to $49 from $50. The analyst sees the company's 2018 and 2019 cash earnings growth slowing amid a softer near-term fee-related earnings outlook and tougher comps for incentive fees.
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