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Fly News Breaks for November 18, 2016
EGOV
Nov 18, 2016 | 06:52 EDT
Imperial Capital analyst Jeff Kessler raised his multiple for NIC Inc. following its better than expected Q3 report, as he believes its business model provides significant competitive advantages. He raised his price target on the stock to $23 from $21, but he maintains an In-Line rating on NIC shares, citing concerns about potential headwinds from expiring contracts.
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