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Fly News Breaks for January 15, 2020
UI
Jan 15, 2020 | 07:05 EDT
As previously reported, Credit Suisse analyst Sami Badri downgraded Ubiquiti to Underperform from Neutral with a price target of $134, up from $115. The analyst finds "little justification" for Ubiquiti's premium trading multiple when factoring in decelerating revenue and EPS growth.
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