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Fly News Breaks for August 2, 2017
ULTI
Aug 2, 2017 | 05:34 EDT
Deutsche Bank analyst Nandan Amladi downgraded Ultimate Software to Hold and cut his price target for the shares to $210 from $230. The analyst calls the Q2 results "mixed" and prefers to move to the sidelines until growth returns to the mid-20s target and leverage returns to the model.
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