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Fly News Breaks for November 9, 2017
CSOD
Nov 9, 2017 | 05:31 EDT
Piper Jaffray analyst Alex Zukin downgraded Cornerstone OnDemand to Neutral saying the company's new strategic plan carries increased execution risk and takes a buyout off the table in the near-term. The analyst believes the floor in the shares created by the strategic review process has been removed. He cut his price target for Cornerstone OnDemand to $40 from $46.
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