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Fly News Breaks for January 3, 2019
QTWO
Jan 3, 2019 | 06:45 EDT
Stephens analyst Brett Huff upgraded Q2 Holdings to Overweight while lowering his price target for the shares to $59 from $60. The analyst views the valuation as "de-risked" following the recent pullback in the shares. Further, he believes the company is exposed to "recession-resistant" secular trends, which limits the risk to its 2019 guidance.