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Fly News Breaks for January 26, 2016
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Jan 26, 2016 | 07:11 EDT
As previously reported, BofA/Merrill analyst Kash Rangan downgraded NetSuite to Underperform from Neutral and lowered his price target to $80 from $95. Rangan believes NetSite shares will have a difficult time moving higher in the current difficult macro environment without a significant billings acceleration and operating margin expansion.
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