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Fly News Breaks for June 20, 2019
EVBG
Jun 20, 2019 | 08:08 EDT
Credit Suisse analyst Brad Zelnick raised his price target for Everbridge to $100 from $85 after attending the Everbridge Analyst Day in New York. The analyst notes that management's update on product roadmap, go-to-market strategy, TAM and competitive landscape leaves him constructive on the substantial opportunity remaining in the public sector, and continued traction in Critical Event Management, driving growth in multiproduct deals and ASP. He reiterates an Outperform rating on the shares.
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