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Fly News Breaks for June 26, 2017
QTWO
Jun 26, 2017 | 20:55 EDT
SunTrust analyst Terry Tillman initiated Q2 Holding with a Buy and a $45 price target telling investors ongoing digital transformation by banks will drive strong new bookings along with monetization of an expanded product set, including corporate banking and analytics/digital marketing focused product. Q2 is a growing share gainer in the digital banking market and represents an attractive asset versus legacy slower growth fin tech service providers, the analyst wrote.