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Fly News Breaks for March 12, 2018
BLKB
Mar 12, 2018 | 07:56 EDT
As previously reported, Evercore ISI downgraded Blackbaud to Underperform from In Line with a $100 price target. Analyst Kirk Materne said Blackbaud's valuation reflects the current cloud transition and lower tax rate and is full relative to the company's TTM organic growth rate.
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