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Fly News Breaks for February 9, 2017
SNCR
Feb 9, 2017 | 05:10 EDT
Deutsche Bank analyst Nandan Amladi downgraded Synchronoss to Hold citing limited near-term catalysts following the company's Q4 results. The analyst believes "all the moving parts" in 2017 increase execution risk and that lack of clarity on key metrics could weigh on sentiment. He lowered his price target for the shares to $35 from $50.
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