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Fly News Breaks for September 6, 2019
MDLA
Sep 6, 2019 | 09:03 EDT
Craig-Hallum analyst Chad Bennett lowered his price target for Medallia to $40 from $45 and maintained a Buy rating. In its first quarter as a public company, Medallia posted a sizable beat on EPS and revenue, and says guidance is ahead of the Street's expectation across the board, Bennett tells investors in a research note. The analyst continues to believe in Medallia's differentiated product, proven management and vast market opportunity.
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