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Fly News Breaks for May 10, 2018
QTWO
May 10, 2018 | 16:19 EDT
As previously reported, BTIG analyst Mark Palmer downgraded Q2 Holdings to Neutral from Buy saying that he sees a fuller valuation as hard to justify following the 58% year-to-date rally in the shares. The current price levels already reflect an expected reacceleration of revenue growth in FY19 as its strong bookings and recent string of Tier 1 bank signings transition into productive "go live" situations, Palmer tells investors.
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