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Fly News Breaks for July 17, 2017
WPPGY
Jul 17, 2017 | 05:25 EDT
Deutsche Bank analyst Chris Collet downgraded WPP to Hold and lowered his price target for the shares to GBP 1,750 from GBP 1,890. The analyst expects the company's long-term model for delivering 10%-15% earnings growth will come under pressure due to its high exposure to staples companies.
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