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Fly News Breaks for May 2, 2018
PRGX
May 2, 2018 | 12:00 EDT
Barrington analyst Alexander Paris raised his price target for PRGX Global to $12 from $11 after the company's Q1 results topped his expectations. While the stock is up 35% year-to-date, it is still trading at only 8.3 times estimated 2018 adjusted EBITDA versus a peer group average of 11.5 times, Paris tells investors in a research note. He reiterates an Outperform rating on PRGX Global.
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