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Fly News Breaks for February 5, 2018
MITL
Feb 5, 2018 | 07:40 EDT
Craig-Hallum analyst George Sutton believes Mitel's stock is in the very early phase of a "significant revaluation," driven by fundamentals changes in positioning, a pivot in market dynamics and more attention from a new, larger base of investors rethinking the cloud dynamics and the dramatic size of its hunting license from its installed base. The analyst reiterates as Buy rating and $14 price target on the shares.
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