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Fly News Breaks for December 24, 2019
BIP, CBB
Dec 24, 2019 | 06:33 EDT
UBS analyst Batya Levi downgraded Cincinnati Bell to Neutral from Buy with a price target of $10.50, up from $7.00. The rating change follows yesterday's announcement of the company's acquisition by Brookfield Infrastructure (BIP) in a deal expected to close by the end of 2020.
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