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Fly News Breaks for October 2, 2019
OPRA
Oct 2, 2019 | 09:00 EDT
Lake Street analyst Mark Argento started Opera Limited with a Buy rating and $19 price target. Given his 2020 expectation of better than 30% growth and expanding margins, the analyst believes Opera's current valuation is attractive relative to peers. He views Opera as an "overlooked" internet company that should see better monetization of its "massive" installed base via advertising.