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Fly News Breaks for February 27, 2015
I
Feb 27, 2015 | 07:28 EDT
As previously reported, Credit Suisse downgraded Intelsat to Underperform from Neutral. The firm expects shares to underperform the group given headwinds from satellite launch delays, ricing pressure, government troop withdrawals, slower rollout of 4k distribution, and continued pressure on legacy channel, among other reasons. Price target lowered to $11 from $21.
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