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Fly News Breaks for August 15, 2017
ASUR
Aug 15, 2017 | 07:40 EDT
Canaccord analyst David Hynes noted Asure Software posted solid Q2 results which he believes will alleviate any fears the CFO departure was a read through to the business. He noted the quarter included nice contract wins, steady HCM/payroll activity, and continued build out of the company pipeline. He said he has every reason to believes the stock can be $20 in the next 18 months and therefore recommends buying the shares on the recent weakness. Hynes reiterated his Buy rating and $18 price target on Asure Software shares.
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