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Fly News Breaks for September 2, 2015
EXA
Sep 2, 2015 | 07:40 EDT
Canaccord said Exa Corp. remains a moderately interesting stock and that they are willing to give the company a few quarters to prove themselves. The firm cited its Q2 results it views as solid and believes the company has developed a compelling product and carved out a franchise in the automotive industry. Canaccord reiterated its Buy rating but lowered its price target to $13 from $14 on Exa Corp. shares.
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