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Fly News Breaks for May 9, 2019
EGAN
May 9, 2019 | 09:28 EDT
As previously reported, Craig-Hallum analyst Jeff Van Rhee downgraded eGain to Hold from Buy following quarterly results as he awaits a more attractive risk/reward profile. The analyst has increased concerns around churn and the attractiveness of the platform to new customers. He also lowered his price target on the shares to $10 from $12.
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