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Fly News Breaks for March 6, 2018
YY
Mar 6, 2018 | 08:25 EDT
Benchmark analyst Fawne Jiang remains positive on YY's growth outlook and earnings sustainability after the company reported Q4 results she views as strong. She views YY shares as offering an attractive risk/reward given the company's improving fundamentals and the potential catalyst of unlocking the value of its assets, such as Huya's filing for an IPO. Jiang raised her price target on YY to $180 from $127 and keeps a Buy rating on the stock.
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