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Fly News Breaks for July 31, 2019
EGHT
Jul 31, 2019 | 05:15 EDT
B. Riley FBR analyst Josh Nichols downgraded 8x8, Inc. to Sell from Neutral while raising his price target for the shares to $18.50 from $17.50. The company's cash burn is accelerating while its organic growth expectations were again reduced, Nichols tells investors in a post-earnings research note.
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