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Fly News Breaks for July 20, 2017
PTC
Jul 20, 2017 | 09:37 EDT
Benchmark analyst Yun Kim attributes PTC's modest bookings miss primarily to execution issue in Japan, which represents less than 10% of revenue. Kim, who thinks PTC's fundamentals remain solid, would be a buyer of the stock and keeps a Buy rating and $65 price target on the shares.
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