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Fly News Breaks for March 26, 2015
ELLI
Mar 26, 2015 | 07:56 EDT
After meeting with Ellie Mae's VP Finance, JMP Securities says that the company's overall tone of business is great, while the company clearly has pricing power and its composite mortgage origination volume estimate for Q1 has risen, giving the company the ability to beat Q1 expectations. The firm keeps a $57 price target and Outperform rating on the shares.
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