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Fly News Breaks for July 28, 2016
UA, MB
Jul 28, 2016 | 07:29 EDT
UBS raised its price target on MINDBODY (MB) to $23 from $18 following Q2 results. The firm cited accelerating payments volume and improved leverage in addition to its new partnership with Under Armour (UA) which could lead to meaningfully enhanced distribution and brand awareness. UBS reiterated its Buy rating on MINDBODY shares.
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