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Fly News Breaks for February 17, 2017
STMP
Feb 17, 2017 | 08:11 EDT
Roth Capital analyst Darren Aftahi raised his price target for Stamps.com to $156 from $133 and reiterated it as a Focus Pick for 1H17. The analyst believes Stamps.com remains "extremely well positioned" as a prime beneficiary from high volume e-commerce shipper growth. Aftahi expects "very good results" next week, and believes the outlook for its ecosystem for high volume shippers in 2017 remains in growth mode. He reiterates a Buy rating on the shares.
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