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Fly News Breaks for February 8, 2017
SPSC
Feb 8, 2017 | 05:40 EDT
William Blair analyst Matthew Pfau downgraded SPS Commerce to Market Perform saying its sales reorganization and extended sales cycles drove the weaker than expected 2017 outlook. 2017 should be another year of sub-20% recurring revenue growth, Pfau tells investors in a research note.
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