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Fly News Breaks for February 20, 2019
EVBG
Feb 20, 2019 | 07:57 EDT
Canaccord analyst Richard Davis raised his price target on Everbridge to $75 from $57 following Q4 results he called "solid." The analyst cited its deal momentum and guidance on revenue growth and free cash flow margins, as well as an indication from management about accretive tuck-in M&A. Davis reiterated his Buy rating on Everbridge shares.
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