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Fly News Breaks for September 15, 2016
YY
Sep 15, 2016 | 08:00 EDT
Credit Suisse analyst Zoe Zhao initiated YY with an Outperform and a $64 price target. The analyst is positive on YY due to its proven track record and recurring cash flow from PC livestreaming with optionality from mobile product evolution and adequate margin of safety on valuation.
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