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Citi Likes The Formula 1 Deal By Liberty Media, Upgrades To Buy
Tuesday, September 13, 2016 - 8:47am | 355Citi Equity Research upgraded Liberty Media Group (NASDAQ: LMCA) shares from Neutral to Buy on the addition of Formula One (F1). Analysts, Jason Bazinet and Michael Cohen, lifted the target price by $10 from $22 to $32. 'Transformative' Move The comments come on the heels of the company agreeing to...