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Liberty Media (LINTA +2.9%) is upgraded to Overweight from Equal Weight with a raised target...
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Friday, February 3, 2012, 9:44 AM ETLiberty Media (LINTA +2.9%) is upgraded to Overweight from Equal Weight with a raised target price of $21 from $19 at Morgan Stanley, which considers LINTA's QVC business “a unique retail asset... undervalued at a 10% free cash flow yield due to complexity,” but where management is taking steps to clarify the structure of the company.
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