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Stock Market & Financial Investment News

News Breaks
August 22, 2014
08:26 EDTWUBA58.com downgraded to Underweight from Equal Weight at Morgan Stanley
As previously reported, Morgan Stanely downgraded 58.com to Underweight from Equal Weight. The firm expects 58.com's new large-scale marketing campaign to pressure margins near-term and recommends taking profits until there is improved visibility. Price target is $37.50.
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