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Fly News Breaks for May 14, 2015
QIWI
May 14, 2015 | 07:47 EDT
JPMorgan raised its price target for QIWI to $50 from $38 calling the company's acquisition of Contact and Rapida "highly value accretive." The firm also views QIWI's Q1 results a "strong beat." It reiterates an Overweight rating on the stock.
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