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Fly News Breaks for March 7, 2018
YY
Mar 7, 2018 | 09:28 EDT
JPMorgan analyst Alex Yao says he's more positive on YY following yesterday's Q4 results due to Q1 breakeven of Huya and "solid" paying user growth. He believes the company's Q1 guidance is "relatively conservative." The analyst raised his price target for the shares to $145 from $140 and maintains an Overweight rating on the name.
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