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Fly News Breaks for July 29, 2016
MSTR
Jul 29, 2016 | 09:02 EDT
As noted earlier, JMP Securities analyst Greg McDowell downgraded MicroStrategy to Market Perform from Outperform. After the company reported weaker than expected results, McDowell is concerned about the company's ability to generate licensing revenue growth and says that the company is seeing increased competition.
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