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Fly News Breaks for December 23, 2019
Dec 23, 2019 | 13:50 EDT
SunTrust analyst Matthew Thornton said he views the news that Nielsen CFO/COO David Anderson resigned as "an incremental negative" given both his positive view of Anderson and the announcement's timing, but it is his understanding after speaking with the company that Anderson resigned for personal reasons and not due to any disagreement. Thornton, who also notes that the company reaffirmed 2019 guidance and said its Media and Connect separation plans are on track, has a Buy rating and $25 price target on Nielsen shares.
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