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Fly News Breaks for November 5, 2015
TWX
Nov 5, 2015 | 05:53 EDT
Wells Fargo analyst Marci Ryvicker downgraded Time Warner to Market Perform citing the company's "huge" 2016 guidance reduction. Management is making the right long-term decisions, but it will take some time, Ryvicker tells investors in a post-earnings research note. The analyst cut her price target range for shares to $72-$75 from $87-$90.
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