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Fly News Breaks for April 27, 2017
MDSO
Apr 27, 2017 | 08:41 EDT
Needham analyst Scott Berg raised his price target for Medidata to $75 from $65 after the company reported what he believes to be its strongest quarter in several years, hitting a trifecta of sustained over 20% revenue growth, margin leverage, and bookings commentary above expectations. The analyst reiterates a Buy rating on the shares.
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