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Fly News Breaks for February 28, 2018
RP
Feb 28, 2018 | 08:39 EDT
Benchmark analyst Mark Schappel said RealPage's Q4 report includes momentum in organic revenue growth, bookings acceleration and EBITDA margins expanding and he noted that the company's 2018 outlook points to a continuation of these trends. The analyst, who believes the stock's multiple can expand and sees upside to estimates, keeps a Buy rating on RealPage and increased his price target on the shares to $59 from $51.
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