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Fly News Breaks for March 9, 2017
MDSO
Mar 9, 2017 | 06:21 EDT
After hosting meetings with management, Piper Jaffray analyst Sean Wieland reiterates an Overweight rating on Medidata Solutions with a $60 price target. The analyst believes 20% revenue growth is sustainable and that the company's 2017 revenue guidance, which assumes no bookings growth, is conservative. Wieland sees a path for Medidata to reach $1B in revenue.
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