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Fly News Breaks for March 14, 2018
CSOD
Mar 14, 2018 | 09:21 EDT
Needham analyst Scott Berg raised his price target on Cornerstone OnDemand after its Analyst Day, saying the company's new strategic plan is "highly achievable". The analyst points to the upside drivers of "eager partner network and new product in core HR, Recruiting, and Learning Content" leading to higher partner-driven deal flows, while also noting a risk of unforeseen sales force changes. Berg keeps his Strong Buy rating on Cornerstone OnDemand.
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