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Delta Corp falls 5% after UBS slashes target price

Updated : June 29, 2020 02:22 PM IST

Delta’s casino business has been a strong cash flow generator but the company’s capital allocation strategy hasn’t delivered the expected returns, says UBS
UBS expects Adda52.com to become a significant part of Delta’s earnings amid increasing popularity and network effects.
Delta Corp falls 5% after UBS slashes target price

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