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Fly News Breaks for November 1, 2016
BSFT
Nov 1, 2016 | 08:52 EDT
Cowen analyst Paul Silverstein raised his price target on BroadSoft to $55 from $47 following Q3 results. The analyst said the company's key drivers remain intact, including its healthy deal pipeline, a growing contribution form Transera, and its solutions powering Enterprise-focused VoLTE service offerings. Silverstein reiterated his Outperform rating on BroadSoft shares.
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