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Fly News Breaks for January 17, 2020
PRGS
Jan 17, 2020 | 08:34 EDT
Benchmark analyst Mark Schappel raised his price target for Progress Software shares to $57 after what he called an "exceptionally strong" Q4 earnings report and based on management's "relatively new" strategy of using M&A to drive growth and operating margin leverage. He maintains a Buy rating on Progress shares.
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