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Fly News Breaks for September 22, 2015
BSFT
Sep 22, 2015 | 08:39 EDT
Cowen said the weakness in BroadSoft has led to a compelling outlook in the near-term. The firm said they see a significant upside to earnings estimates driven by ramping hosted UC adoption, network transformation deals and BroadCloud adoption. Cowen reiterated its Outperform rating and $45 price target on BroadSoft shares.
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