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Fly News Breaks for August 5, 2019
SOGO
Aug 5, 2019 | 08:03 EDT
Jefferies analyst Thomas Chong started Sogou with a Hold rating and $3.90 price target .Search advertising is being impacted by macro headwinds and budgets shifting to short video, while the company's new initiatives such as hardware are still in an early stage, contends the analyst.
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