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Fly News Breaks for March 22, 2019
SVMK
Mar 22, 2019 | 07:42 EDT
Stephens analyst James Rutherford initiated SurveyMonkey parent SVMK Inc. with an Overweight rating and $20 price target, citing his view that SurveyMonkey can accelerate growth to over 20% and will derive more and more of its revenues from "larger, stickier" enterprise customers. Rutherford also removed HubSpot from the firm's Best Idea List and replaced it with SVMK, as previously noted.
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