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Fly News Breaks for May 9, 2016
EGAN
May 9, 2016 | 07:02 EDT
Ladenburg Thalmann analyst Jon Hickman downgraded eGain to Neutral saying the company's transition to a SaaS model is more disruptive to revenue growth than expected. The analyst cut his price target for the shares to $3.75 from $7.50 following the company's Q3 results.
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