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Fly News Breaks for May 5, 2016
CSOD
May 5, 2016 | 08:17 EDT
UBS raised its price target on Cornerstone OnDemand to $40 from $34 following Q1 results. The firm's new target reflects a rebound in SaaS group multiples and improving company fundamentals. UBS reiterated its Buy rating on Cornerstone OnDemand shares.
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