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Fly News Breaks for September 17, 2018
CSOD
Sep 17, 2018 | 05:04 EDT
First Analysis analyst Corey Greendale raised his price target for Cornerstone OnDemand to $69 and maintains a Strong Buy rating on the shares following a meeting with management. The meeting reinforced the analyst's confidence in the company's ability to maintain "solid" subscription revenue growth and achieve compliance with the Rule of 40 in 2020 and beyond. Greendale thinks Cornerstone will continue to improve its margin and free cash flow profile.
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