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Fly News Breaks for August 22, 2019
CSOD
Aug 22, 2019 | 06:53 EDT
As previously reported, Mizuho analyst Siti Panigrahi initiated Cornerstone OnDemand with a Buy rating and a price target of $65 as part of his broader research note into the cloud HCM software sector. The analyst calls the stock a "turnaround story" making progress in its transformation initiatives and believes that the company could be an "attractive candidate" for private equity or strategic acquirers.
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