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Fly News Breaks for January 30, 2018
SAP, CALD
Jan 30, 2018 | 11:33 EDT
Roth Capital analyst Richard Baldry downgraded Callidus Software (CALD) to Neutral from Buy, stating that he thinks a competitive bid higher than SAP's (SAP) is unlikely, but "not impossible." He raised his price target on Callidus to $36, the price of its takeover agreement.
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