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Fly News Breaks for December 17, 2019
BAND
Dec 17, 2019 | 09:19 EDT
Canaccord analyst Richard Davis raised his price target on Bandwidth to $70 from $60 as he does not see its multiple moving much lower from its current level. With mid-teens revenue growth expected next year, the stock should work higher. Davis reiterated his Buy rating on Bandwidth shares.
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