Morgan Stanley Downgrades CTC Media (CTCM) to Underweight
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Morgan Stanley downgrades CTC Media (Nasdaq: CTCM) from Equalweight to Underweight.
CTC Media, Inc. operates the CTC Network, a Russian television network offering entertainment programming targeted at 6-54 year-old viewers, and the Domashny (Home) Network, a Russian television network principally targeted at 25-60 year-old female viewers.
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