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Fly News Breaks for March 13, 2015
TRAK
Mar 13, 2015 | 07:19 EDT
Stifel says that DealerTrack's valuation is attractive following the more than 16% decline in the stock. The firm says that as long as the company doesn't pursue additional transformative acquisitions, there is little room for further model disruption and potential surprises. Stifel remains upbeat on the company's purchase of Incadea and keeps a $50 price target and Buy rating on the shares.
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