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Fly News Breaks for October 18, 2017
MOBL
Oct 18, 2017 | 12:10 EDT
Imperial Capital analyst Michael Kim downgraded MobileIron to In-Line and cut his price target for the shares to $4 from $5.50. The analyst dropped his near-term estimates to reflect the lower than expected preliminary Q3 results and sees elevated execution risks due to the CEO change and absence of a global sales leader.
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