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Fly News Breaks for May 7, 2019
EVBG
May 7, 2019 | 07:48 EDT
Raymond James analyst Brian Peterson increased his price target on Everbridge to $82 from $70 following the company's better than expected quarterly report and guidance raise, stating that he sees catalysts from new markets, new geographies and product adoption and thinks revenue growth is "more sustainable than investors may think." He keeps an Outperform rating on Everbridge shares.
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