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UPDATE: CIMB Raises PT on News Corp Due to Exchange Rate Movements
Friday, June 14, 2013 - 10:54am | 159In a report published on Friday, CIMB analyst Fraser McLeish raised the PT on News Corp (NASDAQ: NWSA) from $29 to $31.89 and maintained a Neutral rating on the company. In the report, CIMB commented that, "Our combined valuation for New News Corp and 21st Century Fox is US$30.29 (US$25.81 for...