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Fly News Breaks for November 8, 2019
FC
Nov 8, 2019 | 13:23 EDT
Barrington analyst Alexander Paris raised his price target for Franklin Covey to $45 from $40 after the company's fiscal Q4 results topped expectations. The analyst continues to expect Franklin Covey to achieve accelerated revenue growth, increasing gross margins and increasing flow-through to adjusted EBITDA and cash flow in fiscal 2020 and beyond, as its growth investments subside. He reiterates an Outperform rating on the shares.
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