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Fly News Breaks for January 7, 2016
WBMD
Jan 7, 2016 | 09:13 EDT
Stifel analyst Steven Rubis downgraded WebMD Health to Hold from Buy citing valuation with the stock within 10% of his previous $52 price target. Further, the analyst believes recent biopharma brand manager survey work from trade publication PM 360 indicates a cautious outlook for online biopharma publishers in FY16.
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