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Fly News Breaks for May 27, 2016
May 27, 2016 | 08:01 EDT
UBS downgraded NICE Systems (NICE) to Neutral from Buy citing disappointment in its growth rate and concerns over the long term growth rate, a deceleration in its fee cash flow, and the deployment of its cash resources with its acquisition of inContact (SAAS). UBS lowered its price target to $70 from $77 on NICE Systems shares.
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