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Fly News Breaks for November 21, 2018
SWGAY
Nov 21, 2018 | 06:31 EDT
RBC Capital analyst Rogerio Fujimori downgraded Swatch Group to Sector Perform and lowered his price target for the shares to 370 francs from 450 francs. The analyst sees a lack of near-term catalysts and believes current consensus margin expectations are too high.