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Fly News Breaks for June 22, 2018
CHGG
Jun 22, 2018 | 11:29 EDT
Barrington analyst Alexander Paris raised his price target for Chegg to $32 after hosting investor meetings with management. Following the meetings and recent better than expected Q1 results, Paris has increased confidence in management's near- and intermediate-term growth strategies. He views Chegg's international expansion as a "great incremental opportunity" and reiterates an Outperform rating on the name.
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