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Fly News Breaks for July 14, 2017
CSOD
Jul 14, 2017 | 07:48 EDT
As previously reported, Needham analyst Scott Berg upgraded Cornerstone OnDemand to Strong Buy from Buy after his recent checks showed strong European demand, leading him to believe that the company will "handily outperform" its billings estimates for Q2 and has a strong chance to re-accelerate its billings growth rate to 20% or better in the second half. Berg keeps a $48 price target on Cornerstone shares.
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