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Fly News Breaks for February 3, 2016
YHOO
Feb 3, 2016 | 15:14 EDT
As previously reported, Axiom analyst Victor Anthony downgraded Yahoo to Hold from Buy and lowered his price target to $32 from $44, as Anthony has "zero confidence" in Yahoo's ability to succeed with either its strategic plan or its reverse-spin, based on the company's past failures with strategic plans and the Alibaba spin-off plan.
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