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Fly News Breaks for July 27, 2015
DTV, T
Jul 27, 2015 | 07:14 EDT
Jefferies says the Federal Communications Commission' conditions for AT&T's (T) pending acquisition of DirecTV appear reasonable and should have a negligible impact on deal economics. The firm sees AT&T's upcoming analyst day in August as a positive catalyst for the shares. It keeps a Buy rating on the stock with a $40 price target.
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