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Fly News Breaks for January 10, 2019
UBSFY
Jan 10, 2019 | 16:26 EDT
Stephens analyst Jeff Cohen started Ubisoft with an Equal Weight rating and EUR 75 price target. Uncertainty around the company's fiscal 2020 slate increases risk that unit sales could be down year-on-year, Cohen tells investors in a research note. Further, he believes Ubisoft's further margin expansion will be slower than what is being priced into shares.