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Fly News Breaks for August 14, 2019
DISH, SBGI
Aug 14, 2019 | 07:29 EDT
B. Riley FBR analyst Zack Silver lowered his price target for Sinclair Broadcast Group (SBGI) to $61 from $70 to factor in the potential negative impact from the elimination of Dish (DISH) carriage in perpetuity. The analyst, however, keeps a Buy rating on the shares. He's optimistic that a deal between Dish and Sinclair gets done for the FOX regional sports networks, shortly after Sinclair closes the RSN acquisition.
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