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Fly News Breaks for May 10, 2019
SCOR
May 10, 2019 | 07:57 EDT
SunTrust analyst Matthew Thornton lowered his price target on comScore to $13 and kept his Hold rating after its Q1 earnings miss and strategic review update. The analyst cites the trend of first half revenue underperforming the management's FY19 guidance and its pulled 3-year outlook reducing visibility. Thornton also warns that the "abrupt" management turnover could impact employee morale with added uncertainty coming around comScore's planned cross-platform product rollout in 2019-2020.
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