Global Hunter Downgrades AirMedia (AMCN) to Neutral
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Global Hunter downgrades AirMedia Group (Nasdaq: AMCN) from Buy to Neutral.
Shares of AirMedia are tumbling more than 7% today on the back of better-than-expected Q2 results, but Q3 guidance that came in below the Street estimate.
To see all the analyst calls on AirMedia following the results, visit our Analyst Ratings page.
AirMedia Group Inc., through its subsidiaries, operates digital media network in China for air travel advertising.
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