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Fly News Breaks for February 5, 2019
CTRL
Feb 5, 2019 | 09:17 EDT
Maxim analyst Nehal Chokshi lowered his price target on Control4 to $31 to reflect its Q4 results coming in "at low-end of guidance" and its disappointing Q1 outlook. The analyst keeps his Buy rating on the shares however, expecting the company to re-accelerate its growth profile to 10% by Q4 of this year thanks to the "year-ago dealer add dynamics & likely increasing loyalty from dealers."
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