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Fly News Breaks for January 13, 2020
MIME
Jan 13, 2020 | 08:32 EDT
Monness Crespi analyst Ryan Flanagan raised his price target on Mimecast shares to $58 from $55 ahead of the company's inaugural investor day meeting on February 24. Given email's popularity as an attack vector, he continues to view the segment favorably and he doesn't think the company would be hosting its first ever investor day without "deep conviction around growth prospects," Flanagan tells investors.
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