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Stock Market & Financial Investment News

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August 13, 2014
05:35 EDTKINGKing Digital downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded King Digital to Neutral citing a limited likelihood of EBITDA growth through 2015 following the company's reduced outlook. Piper sees low visibility on King's ability to create hits outside of the Candy franchise and lowered its price target for shares to $16 from $28.
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