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Fly News Breaks for July 1, 2015
MCHX
Jul 1, 2015 | 06:05 EDT
Piper Jaffray analyst Gene Munster says estimates for Marchex's Q2 and Q3 should be intact after the company renewed its agreement with YP through 2016. Munster believes investors were paying close attention to the deal given the loss of Allstate last year. He thinks the extension removes some investor concern and keeps an Overweight rating on Marchex with a $9 price target.
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