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Fly News Breaks for February 8, 2017
CALD
Feb 8, 2017 | 09:27 EDT
Craig-Hallum analyst Chad Bennett raised his price target for Callidus Software to $28 from $24 after the company reported a "strong Q4" that beat his estimates across the board. The analyst would consider this a break-out quarter for Callidus Software and says it should answer any concerns regarding the sustainability of 25%-30% SaaS revenue growth for the year. He reiterates a Buy rating on the shares.
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