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Fly News Breaks for June 20, 2019
EVBG
Jun 20, 2019 | 07:15 EDT
After attending Everbridge's analyst day meeting, Stifel analyst Tom Roderick said Critical Event situations are increasingly becoming a focus of corporate clients and that the company's Critical Event Management solution is rapidly gaining traction with the Global 2K and Fortune 1000 companies. Roderick, who noted that the company said at the event that it sees a $41B total addressable market for the solutions it offers, raised his price target on Everbridge shares to $100 from $91 following the meeting.
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