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Fly News Breaks for April 12, 2018
QNST
Apr 12, 2018 | 08:32 EDT
Barrington analyst James Goss says the 20% pullback yesterday in shares of QuinStreet following a short report "sets up a substantial buying opportunity." The key figure in last night's Q3 preannouncement was revenue growth that "well exceeded" estimates heading into the quarter, Goss tells investors in a research note. He believes QuinStreet's full-year guidance appears "increasingly conservative." The analyst keeps an Outperform rating on the shares with a $15 price target.
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