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Fly News Breaks for June 29, 2016
FLTX
Jun 29, 2016 | 08:32 EDT
Morgan Stanley analyst James Faucette initiated Fleetmatics with an Overweight and $52 price target. The analyst said improved commercial vehicle utilization is an underappreciated market opportunity and believes the company is well positioned to expand its value proposition and drive market adoption and up-sell subscriptions.
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