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Fly News Breaks for November 27, 2018
YY
Nov 27, 2018 | 16:28 EDT
JPMorgan analyst Alex Yao downgraded YY Inc. to Neutral and lowered his price target for the shares to $70 from $85. The analyst cites a lack of catalysts for his downgrade of the shares. He also expects YY's Live sales growth to slow in 2019.
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