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Fly News Breaks for October 10, 2016
MOBL
Oct 10, 2016 | 12:03 EDT
Imperial Capital analyst Michael Kim noted that MobileIron announced preliminary Q3 results that were above his estimates and the consensus forecast, which he said shows the company's continued progress on the key fronts of billings and operating expenses. Kim, who thinks the stock could move to trade closer to its peer group of security software vendors, keeps an Outperform rating and a $4.50 price target on MobileIron shares.
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