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Fly News Breaks for July 22, 2019
MFGP
Jul 22, 2019 | 04:52 EDT
Jefferies analyst Julian Serafini started Micro Focus with a Hold rating and $21 price target. The ongoing integration of HPE is a "drag on the business with synergies taking longer to materialize," says the analyst. He views the stock's valuation as full and risk/reward unappealing with its business facing "meaningful headwinds."
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