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Fly News Breaks for February 19, 2019
Feb 19, 2019 | 06:33 EDT
BofA/Merrill analyst Miranda Zhuang downgraded Fang Holdings to Underperform with a $1.50 price target citing business momentum weakness due to competition. The analyst believes Fang has lost market share in both the listing and ad businesses and is concerned the losses may continue.
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