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Fly News Breaks for February 14, 2019
CRCM
Feb 14, 2019 | 08:33 EDT
Roth Capital analyst Darren Aftahi raised his price target for Care.com to $30 from $24 as he looks for revenue to again accelerate on the margin, driven by Care@Work growth. His 2019 EBITDA remains 7%-plus above consensus with his view that marketing spend will not be as high as expected, but that topline growth will accelerate year over year. The analyst reiterates a Buy rating on the shares.
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