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Fly News Breaks for December 11, 2019
CCC
Dec 11, 2019 | 05:12 EDT
Goldman Sachs analyst George Tong initiated coverage of Clarivate Analytics with a Neutral rating and $18 price target. The analyst believes Clarivate has an "attractive set" of proprietary curated data that's essential to customers in the intellectual property and sciences sector. However, he finds the stock's current valuation as fairly reflective of anticipated growth and margin improvements over the near-to-intermediate term.
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