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Fly News Breaks for March 5, 2019
ORAN
Mar 5, 2019 | 05:10 EDT
Barclays analyst Mathieu Robilliard downgraded Orange SA to Equal Weight and lowered his price target for the shares to EUR 16.50 from EUR 18.50. An "irrational level of promotions" in 2018 continue to weigh on French telecoms, Robilliard tells investors in a research note. Further, the analyst believes market consolidation appears unlikely in the short term.
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