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Fly News Breaks for February 14, 2018
CSOD
Feb 14, 2018 | 11:44 EDT
MUFG analyst Stephen Bersey said that Cornerstone OnDemand had an "OK quarter," missing the firm's revenue estimate but beating its EPS estimate. Bersey said he saw progress in Q4, but also sees increased execution risk as the company addresses a number of moving parts, and reiterated his Neutral rating and lowered his price target to $38 from $39.
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