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Fly News Breaks for December 29, 2015
TEO
Dec 29, 2015 | 08:04 EDT
JPMorgan analyst Andre Baggio raised his price target for Telecom Argentina to $15.50 from $13 citing lower country risk following improvements in the macro situation in Argentina. However, the analyst expects the company's 2016 cash flow to be modest and he keeps an Underweight rating on the name.
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