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Fly News Breaks for February 15, 2019
QTWO
Feb 15, 2019 | 09:36 EDT
RBC Capital analyst Matthew Hedberg raised his price target on Q2 Holdings to $76 and kept his Outperform rating, citing the company's record year for bookings and strong quarter for renewals and up-sells. The analyst expects momentum from these achievements to be sustained in 2019 and beyond, with the management also anticipating a favorable economic environment to persist.