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Fly News Breaks for March 30, 2016
TV
Mar 30, 2016 | 05:49 EDT
JPMorgan analyst Andre Baggio downgraded Grupo Televisa to Neutral saying Content EBITDA declines in 2016 could offset possible improvements in advertisement revenue. The analyst views the stock's valuation as rich and lowered his price target for the shares to $30 from $31.