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Fly News Breaks for September 26, 2016
RDCM
Sep 26, 2016 | 08:28 EDT
Needham analyst Alex Henderson raised his price target for Radcom to $23 from $17 as the company delivers new customers and scales up. The analyst believes Radcom is a revenue story and continues to view investment in front of growth as essential which likely mitigates near-term EPS delivery. He reiterates a Buy rating on the shares.
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