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Fly News Breaks for September 11, 2018
MDSO
Sep 11, 2018 | 07:23 EDT
Deutsche Bank analyst Glen Santangelo raised his price target for Medidata Solutions to $95 after hosting meetings with CFO Rouven Bergmann. The analyst continues to be excited about the company's opportunities for both revenue growth and margin expansion. With a leading competitive position in an industry with high switching costs, Medidata has the luxury of focusing on the long-term and ensuring high quality products and execution, Santangelo tells investors in a research note. He reiterates a Buy rating on the shares.
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