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Fly News Breaks for July 18, 2018
TRCO, SBGI
Jul 18, 2018 | 08:01 EDT
Wells Fargo analyst Marci Ryvicker lowered her price target for Sinclair Broadcast (SBGI) to $40 from $50 as the company's deal with Tribune Media (TRCO) appears "highly unlikely." The analyst reiterates an Outperform rating on Sinclair's shares.
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