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Fly News Breaks for September 23, 2015
SNCR
Sep 23, 2015 | 10:52 EDT
Noting concerns raised about Synchronoss' potential loss of some cloud business, Wells Fargo said even if Synchronoss' cloud business exhibited zero growth in 2016 from 2015, shares would be compelling at current levels. The firm views the selloff as overdone and reiterates its Overweight rating on Synchronoss shares.
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