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Fly News Breaks for December 4, 2019
UBSFY
Dec 4, 2019 | 05:36 EDT
Morgan Stanley analyst Omar Sheikh upgraded Ubisoft to Overweight from Equal Weight with a price target of EUR 80, up from EUR 60. Following the Ghost Recon reset, valuation downside looks limited, Sheikh tells investors in a research note. Further, the analyst sees potential for substantial share upside should Ubisoft's execution improve.
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