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Fly News Breaks for November 6, 2017
FNGN
Nov 6, 2017 | 06:18 EDT
DA Davidson analyst Peter Heckmann lowered his price target on Financial Engines to $38 and kept his Buy rating following Q3 results. Heckmann notes the company's plans to reduce pricing in 2018 as part of its expense review as well as due to increased competition, while margin expansion is also expected to be limited due to investment in new services.
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