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Fly News Breaks for April 29, 2015
ULTI
Apr 29, 2015 | 08:33 EDT
Canaccord noted Ultimate Software reported in-line Q1 results but said its growth targets remain intact. The firm cited intact guidance, numerous enterprise deals, and the low likelihood of any multiple compression risk. Canaccord reiterated its Buy rating and raised its price target to $195 from $175 on Ultimate Software shares.
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