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Fly News Breaks for July 24, 2015
CTCT
Jul 24, 2015 | 06:37 EDT
Baird downgraded Constant Contact to Neutral and lowered its price target to $35 from $40 following mixed Q2 results. The firm has concerns related to recent challenges selling the Constant Contact bundle as product mix swung negatively and trial-to-conversion rates remain depressed.
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