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Fly News Breaks for April 26, 2017
MDSO
Apr 26, 2017 | 11:02 EDT
Piper Jaffray analyst Sean Wieland said Medidata's Q1 results and "strong" backlog growth support visibility for his "Street-high" 20% revenue growth estimate in 2018. Pointing to the report as evidence that the company continues to gain share, Wieland raised his price target on Medidata to $74 from $72 and reiterates an Overweight rating on the stock.
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