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Fly News Breaks for August 9, 2016
MODN
Aug 9, 2016 | 07:26 EDT
As noted earlier, JMP Securities downgraded Model N to Market Perform from Outperform. Analyst Patrick Walravens downgraded the stock after the company provided guidance that he views as disappointing. He believes that the company's competition could increase, while it may need some time to remedy its issues.
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