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Fly News Breaks for May 10, 2019
CRCM
May 10, 2019 | 09:26 EDT
Craig-Hallum analyst Jason Kreyer lowered his price target for Care.com to $18 from $28 and kept a Buy rating on the shares following the company's "good" results, but "sharp" reduction in EBITDA guidance, saying he believes Care.com is making smart investments in enhancing safety measures on the platform that will impact profits in the near-term, but strengthen the platform over time.
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