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Fly News Breaks for December 20, 2019
RAMP
Dec 20, 2019 | 07:01 EDT
Needham analyst Jack Andrews initiated coverage of LiveRamp with a Buy rating and $67 price target. The analyst notes that the company's recent quarters have been hampered by non-recurring factors that obscured its fundamentals, but he believes that its margins can improve as "transitory" factors lapse. Andrews also sees LiveRamp as a "key enabler" in allowing markets to deliver targeted advertisements across devices and channels amid accelerating omnichannel marketing demand.
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