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Fly News Breaks for January 23, 2019
QTWO
Jan 23, 2019 | 08:09 EDT
As previously reported, KeyBanc analyst Arvind Ramnani upgraded Q2 Holdings to Overweight from Sector Weight, with a $74 price target. The analyst notes that Q2 continues to increase its TAM by expanding its offering by product enhancements and M&A and driving customer adoption with a broader client set. Further, the company's operational discipline should continue to drive margin expansion, he contends. Ramnani believes recent weakness provides investors an attractive entry point.
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