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Fly News Breaks for November 4, 2019
BNFT
Nov 4, 2019 | 08:44 EDT
As previously reported, Compass Point analyst Marshall Senk initiated coverage of Benefitfocus with a Buy rating and $37 price target. He sees the shares presenting investors with a "compelling opportunity" as he believes the company has begun to reach a turning point in its go to market pivot following a challenging transition over the past several quarters and he thinks its strong new lives additions can lead to revenue acceleration in 2020.
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