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Fly News Breaks for March 24, 2016
LXFT
Mar 24, 2016 | 07:46 EDT
Sterne Agee CRT analyst Moshe Katri initiated Luxoft with a Neutral rating and $60 price target citing rich valuation and and significant revenue exposure to the Financial Services vertical, high revenue concentration, high level of fixed price work and below-average revenue visibility.
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