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Fly News Breaks for October 17, 2017
CARB
Oct 17, 2017 | 07:30 EDT
JMP Securities analyst Erik Suppiger started Carbonite with an Outperform rating and $30 price target, stating that his channel checks with partners suggest the company has a premier brand and offers a differentiated product. Though the stock is up close to 50% over the last year, Suppiger said he believes there is room for continued upside.
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