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Fly News Breaks for February 15, 2019
ELLI
Feb 15, 2019 | 08:17 EDT
RBC Capital analyst Ross MacMillan raised his price target on Ellie Mae to $99 after its mixed Q4 results and the announcement of being acquired by Thoma Bravo at $99 per share. The analyst sees low probability of a competitive bid emerging in the 35-day go-shop period.
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