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Fly News Breaks for December 27, 2016
RBA
Dec 27, 2016 | 05:48 EDT
Raymond James analyst Ben Cherniavsky downgraded Ritchie Bros. Auctioneers to Market Perform citing the stock's rally over the past two years and "mounting" near-term headwinds after the company's auction results missed expectations. The analyst cut his price target for the shares to $35 from $42.
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