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Fly News Breaks for August 5, 2016
ACXM
Aug 5, 2016 | 09:26 EDT
As noted earlier, BMO Capital upgraded Acxiom to Outperform from Market Perform. Analyst Daniel Salmon says that the sale of the company's e-mail business lowers its chances of missing expectations going forward, while its Audience Solutions business is "kicking in" as a second growth driver. Additionally, the analyst is upbeat about the company's sales team and says that its relationships with Google (GOOGL) and Verizon (VZ) are "deepening." Target to $28 from $23.
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