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Fly News Breaks for February 26, 2020
OPRA
Feb 26, 2020 | 08:52 EDT
Opera reported another big beat across the board and guided for fiscal 2020 revenue of $545M, significantly above the Street at $411.3M, Lake Street analyst Mark Argento tell investors in a post-earnings research note. The company reaffirmed its strong relationship with Google and the "recent short attacks are largely without merit," adds the analyst. Argento says the shares are "too cheap to ignore" and he reiterates a Buy rating on Opera with a $21 price target.
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