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Fly News Breaks for February 15, 2019
LOGM
Feb 15, 2019 | 07:15 EDT
KeyBanc analyst Alex Kurtz reiterated an Overweight rating on LogMeIn but lowered his price target to $95 from $120 after the company announced a multiyear initiative to heavily invest in its core growth drivers in UCC, Identity and Customer Engagement. Kurtz tells investors that he remains constructive on key LogMeIn growth assets.
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