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Fly News Breaks for May 10, 2017
SSNI
May 10, 2017 | 07:23 EDT
Pacific Crest analyst Alex Kurt downgraded Silver Spring Networks to Sector Weight saying the current valuation is appropriate given recent execution and the "lack of strong upside opportunity" in 2017. The updated billings guidance that creates new risk for execution in the second half of the year, the analyst tells investors in a research note following the company's Q1 results.
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