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Fly News Breaks for May 16, 2019
CCC
May 16, 2019 | 08:27 EDT
William Blair analyst Timothy McHugh started Clarivate Analytics with an Outperform rating citing the company's "strong" business model and competitive positioning. More than 80% of revenue comes from subscriptions, and the company's renewal rates exceed 91%, McHugh tells investors in a research note. Further, the analyst believes Clarivate is the leading provider for most of its product lines.
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