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Fly News Breaks for January 13, 2016
CSOD
Jan 13, 2016 | 07:45 EDT
FBR Capital analyst Samad Samana upgraded Cornerstone OnDemand to Outperform from Market Perform saying recent channel checks indicate the company closed 2015 "out nicely" and has a "solid" pipeline for 2016. The recent pullback in shares has created a compelling risk/reward for investors, Samana tells investors in a research note. The analyst keeps a $42 price target for the shares.
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