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Fly News Breaks for June 16, 2017
HCKT
Jun 16, 2017 | 07:58 EDT
As noted earlier, SunTrust started coverage of Hackett Group with a $19 price target and a Buy rating. Analyst Frank Atkins thinks that the company's revenue can rise in the middle to high single digit percentage range. He says that the company's extensive data and IP give it competitive advantages, while the stock has reached an attractive entry point following its 20% decline. Atkins adds that the company can benefit from additional partnerships and acquisitions going forward. Target $19.
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