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Fly News Breaks for October 29, 2015
BABA, WB
Oct 29, 2015 | 06:52 EDT
Citi analyst Thomas Chong downgraded Weibo (WB) to Neutral citing the recent rally in shares and uncertainties related to the revenue contribution from Alibaba (BABA) since the contract is expiring in 2016. Chong cut his price target for shares to $17.30 from $19.
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