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Fly News Breaks for January 21, 2020
PING
Jan 21, 2020 | 05:19 EDT
Goldman Sachs analyst Heather Bellini downgraded Ping Identity Holding to Neutral from Buy with a price target of $27, up from $24. While the analyst continues to view Ping as a market leader in the Identity and Access Management market, she views the stock's risk/reward as more balanced with the shares now trading at eight times her 2020 sales estimates.
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