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Fly News Breaks for May 7, 2019
EVBG
May 7, 2019 | 09:40 EDT
SunTrust analyst Terry Tillman raised his price target on Everbridge to $87 and kept his Buy rating after its "impressive quarter" of results and above consensus guidance. The analyst believes that the company can sustain organic revenue growth in mid-30% and can also make "strategic acquisitions" to enhance its platform after closing a "record Critical Event Management deal" for $1.7M and generating better than expected billings growth in Q1.
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