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Fly News Breaks for June 20, 2017
CSOD
Jun 20, 2017 | 05:41 EDT
Barclays analyst Raimo Lenschow downgraded Cornerstone OnDemand to Underweight and lowered his price target for the shares to $32 from $46. Structural headwinds, namely the adoption of full integrated human resources suites, are likely to drive relative underperformance and keep Cornerstone's growth decelerating, Lenschow tells investors in a research note.
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