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Fly News Breaks for April 30, 2015
AVG
Apr 30, 2015 | 08:57 EDT
JMP Securities increased its price target on AVG after the company reported stronger than expected Q1 results. The firm expects the stock to rise significantly, partly because it's upbeat about the company's Location Labs product and thinks consensus 2016 and 2017 revenue estimates for the company are too low. The firm keeps an Outperform rating on the shares.
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