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Analyst removes sell rating from Rogers, says challenge from Vidotron overblown

July 16, 2014

The Canadian Press

TORONTO - With Rogers Communications (TSX:RCI.B) stock down nearly 15 per cent in the past six months making it the worst performer among its Canadian peers at least one analyst says the market seems to have factored in problems facing the Toronto-based company and overblown the potential for Videotron to challenge its wireless business. CanaccordGenuity analyst Dvai Ghose has replaced its "sell" rating on Rogers with a "hold" but is maintaining his price target of $41 per share.

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Source: Canadian Press DataFile

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