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Fly News Breaks for October 19, 2018
MODN
Oct 19, 2018 | 08:15 EDT
Oppenheimer analyst Koji Ikeda initiated Model N with an Outperform rating and $23 price target, telling investors in a research note that he believes the company's new leadership has positioned it to deliver more consistency and predictability in its reported results, which should lead to better investor sentiment and future multiples expansion.
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