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Fly News Breaks for July 17, 2018
ACXM
Jul 17, 2018 | 08:04 EDT
Wells Fargo analyst William Warmington, Jr. raised his price target for Acxiom to $50 from $41 to reflect a higher multiple for LiveRamp based on a high-growth ad-tech comp set, LiveRamp's attractiveness as a strategic asset, and increased confidence in his CY2019 and CY2020 estimates. The analyst reiterates an Outperform rating on the shares.
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