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Fly News Breaks for October 28, 2015
CEB
Oct 28, 2015 | 07:10 EDT
After Corporate Executive Board reported lower than expected Q3 revenue and cut its revenue guidance, Stifel nonetheless believes that the company's bookings trends are starting to rebound, while its revenue trends are showing underlying improvement which is masked by negative currency movements. Stifel adds that the company's adjusted EBITDA margins were strong. The firm keeps a Buy rating on the shares.
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