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Fly News Breaks for July 27, 2018
SPSC
Jul 27, 2018 | 07:23 EDT
As previously reported, Benchmark analyst Mark Schappel upgraded SPS Commerce to Buy from Hold, stating that he believes the company is likely to continue with several quarters of results above consensus expectations following its better than expected Q2 performance. Valuation remains "reasonable" even though the stock is trading close to its 52-week high, added Schappel, who has a $90 price target on SPS Commerce shares.
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