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Fly News Breaks for January 30, 2020
Jan 30, 2020 | 06:19 EDT
CLSA analyst Elinor Leung raised iQIYI's price target to $23.50 from $19 while reiterating an Underperform rating on the shares. The company's subscription growth may improve in Q4 but advertising growth will "stay modest" in 2020, Leung tells investors in a pre-earnings research note.
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