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Fly News Breaks for August 27, 2019
SNCR
Aug 27, 2019 | 07:15 EDT
As reported previously, Canaccord analyst T. Michael Walkley initiated Synchronoss with a Buy rating as the company has reemerged as a leading TMT software an services provider. The analyst said its current valuation is compelling based on conservative estimates as the market is giving little credit to the improving trends implemented by new management. Walkley has a $13 price target on Synchronoss shares.
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