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Fly News Breaks for February 20, 2019
INST
Feb 20, 2019 | 12:44 EDT
Barrington analyst Alexander Paris, Jr. reiterated an Outperform rating and $50 price target on Instructure following the company's better than expected Q4 results and FY19 guidance. In a research note to investors, the analyst says he believes that as Instructure moves towards profitability, its valuation multiple will continue to expand and close the gap versus its peers.
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