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Fly News Breaks for May 18, 2015
SWI
May 18, 2015 | 07:55 EDT
Baird said the recent pullback in SolarWinds has created a buying opportunity. The firm said the weakness was caused by management's forthright explanation of its three challenging areas, but Baird believes the company has the ability to overcome unexpected problems and deliver in-line results. Baird said their expectations have been tempered, but the firm likes the set-up of the stock and thus reiterated its Outperform rating and $60 price target on the shares.
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