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Fly News Breaks for June 3, 2016
WUBA
Jun 3, 2016 | 06:06 EDT
Brean Capital analyst Fawne Jiang started 58.com with a Buy rating and $65 price target. The shares offer an "attractive" opportunity to participate in the "fast growth of a full-fledged local service platform in the making," Jiang tells investors in a research note.
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