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Fly News Breaks for May 8, 2015
SSNI
May 8, 2015 | 07:28 EDT
After Silver Spring reported better than expected Q1 results and its Q2 revenue guidance topped expectations, Stifel says the company's stabilized guidance contrasts with downward revisions that occurred throughout last year. The firm thinks the guidance indicates that a positive turning point in the company's business is becoming more visible. The firm raised its price target on the name to $15 from $13 and keeps a Buy rating on the shares.
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