Oscar Gruss Downgrades Focus Media (FMCN) to Hold

September 25, 2009 2:17 PM EDT

Oscar Gruss downgrades Focus Media (Nasdaq: FMCN) from Buy to Hold, reducing its price target from $10.50 to $11.

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Focus Media Holding Limited, through its subsidiaries, operates an out-of-home advertising network, and provides Internet marketing solutions in China.


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FMCN 12.83

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