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Fly News Breaks for September 6, 2016
ELLI
Sep 6, 2016 | 07:10 EDT
Pacific Crest analyst Brent Bracelin started Ellie Mae with an Overweight rating and $124 price target. The company has become the leading cloud software platform in the mortgage industry, and has just 5% penetration of a $6.25B total addressable market, Bracelin tells investors in a research note.
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