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Fly News Breaks for April 27, 2015
Apr 27, 2015 | 10:56 EDT
Rosenblatt named Sky-mobi (MOBI) a top pick in China Small Cap and said it is a potential acquisition target for big internet players. The firm believes Qihu (QIHU) and Tencent have spoken to the company previously and the new CEO, with extensive M&A experience, is valuable to monetizing previous early investments, as well as seeking strategic partnerships. Shares are Buy rated with a $11 price target.
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