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Fly News Breaks for May 1, 2015
ELLI
May 1, 2015 | 09:05 EDT
After Ellie Mae reported stronger than expected results, JMP Securities says the company's results and guidance were strong. The firm thinks the company has multiple growth drivers, and it raised its price target on the name to $69 from $57 while keeping an Outperform rating on the shares.
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