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Fly News Breaks for May 10, 2017
YY
May 10, 2017 | 09:42 EDT
Jefferies analyst Karen Chan notes the midpoint of YY's Q2 outlook came in below consensus. Revenue for Q1 were in-line while earnings beat expectations on operating leverage, Chan tells investors in a post-earnings research note. She has a Hold rating on the shares with a $46 price target. The stock in early trading is down 8%, or $4.15, to $50.82.
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