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Fly News Breaks for April 16, 2019
APPF
Apr 16, 2019 | 08:48 EDT
DA Davidson analyst Peter Heckmann raised his price target on AppFolio to $73, citing the expected contribution from the company's Dynasty Marketplace announced in January, his forecast of organic revenue growth of over 30%, and the management's outlook for "solid margins" in its Q4 results. The analyst also keeps his Neutral rating on AppFolio given its current valuation.
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