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Fly News Breaks for October 12, 2015
SWI
Oct 12, 2015 | 06:14 EDT
Jefferies analyst John DiFucci says SolarWinds shares could be worth $55 or more in a takeout scenario. The company's shares rallied Friday 13% to $47.49 after it announced a review of its strategic alternatives following an "unsolicited expression of interest from a third party." DiFucci see benefits of a going private transaction for SolarWinds and calls a buyout of the company "feasible." He keeps a Buy rating on the stock with a $56 price target.
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