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Fly News Breaks for May 30, 2017
XTLY, CALD
May 30, 2017 | 15:41 EDT
Roth Capital analyst Richard Baldry said he'd had some concern that Xactly (XTLY) might revert to "destructive pricing tactics" if left to try to survive on a standalone basis and he views the company's deal to go private as leaving Callidus Software (CALD) in a better competitive position. Baldry, who would not expect higher offers for Xactly, thinks Callidus' competitive advantages will remain intact. He keeps a Buy rating and $32 price target on Callidus shares.
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