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Fly News Breaks for March 27, 2019
SVMK
Mar 27, 2019 | 08:00 EDT
JMP Securities analyst Ronald Josey said his recent meetings with investors and the management team of SurveyMonkey left him incrementally confident in the company's ability to increase Enterprise adoption, grow paying users and build out its international business. The analyst, who sees investments in products, sales force, and international accelerating revenue growth in 2020, raised his price target on shares of SurveyMonkey parent SVMK Inc. to $19 from $18 and keeps an Outperform rating on the stock.
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