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Fly News Breaks for June 7, 2019
PD
Jun 7, 2019 | 06:17 EDT
Piper Jaffray analyst Alex Zukin raised his price target for PagerDuty to $60 from $52 saying the company last night reported "strong" results in its first print as a public company. Net new customer additions accelerated while the company maintained a 137% net expansion rate, Zukin tells investors in a research note. He believes "it's early days in the PagerDuty story" and reiterates an Overweight rating on the name.
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