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Fly News Breaks for May 6, 2019
SWI
May 6, 2019 | 07:20 EDT
Citi analyst Walter Pritchard raised his price target for SolarWinds to $23 from $20 citing multiple expansion and keeps a Buy rating on the shares. The analyst continues to view SolarWinds' competitive landscape as "benign" and thinks its "high levels" of profitability are underappreciated. He keeps a Buy rating on the shares.