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Fly News Breaks for December 6, 2018
STMP
Dec 6, 2018 | 08:13 EDT
Craig-Hallum analyst George Sutton says Trump Task Force conclusions are consistent with his expectations and substantially de-risk Stamps.com's Story. The analyst expects to see solid revenue results in Q4, driven by continued strength in the e-commerce market. Sutton has moderated his assumed organic growth in 2019 to mid-teens level and has built his margins to reflect expected investments being made in MetaPack and international growth. He reiterates a Buy rating and $265 price target.
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