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Fly News Breaks for July 22, 2019
ANSS
Jul 22, 2019 | 06:22 EDT
Citi analyst Tyler Radke started Ansys with a Buy rating and $250 price target. The analyst likes the shares as a "non-consensus idea." The company's execution improvements and "upstream" simulation opportunity are being underestimated by the market, while an eventual subscription transition is a "long-term call option," Radke tells investors in a research note.
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