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Fly News Breaks for October 8, 2019
SWI
Oct 8, 2019 | 05:07 EDT
Jefferies analyst Brent Thill assumed coverage of SolarWinds with a Buy rating with a price target of $22, down from $23. The analyst last night assumed coverage of the Software industry and adjusted some of his ratings to be more defensive in light of valuation and macroeconomic concerns. However, he remains positive on the industry and believes that the fundamentals of businesses in the space are "very strong."
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