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Fly News Breaks for July 7, 2016
TV
Jul 7, 2016 | 08:24 EDT
Evercore ISI analyst David Joyce upgraded Grupo Televisa to Buy and increased its price target to $30 from $28. The analyst expects investor sentiment to improve as the company started to lap its advertising issues with a +2% increase in Q2, in peso terms. Additionally, there is also strong Sky satellite and Cable revenue-generating-unit and ARPU growth.
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