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Fly News Breaks for November 20, 2017
ULTI
Nov 20, 2017 | 05:39 EDT
Piper Jaffray analyst Alex Zukin says that after dropping 15% from summer highs, shares of Ultimate Software Group "have room to run through the end of the year." Management commentary at upcoming investor conferences coupled with conservative fiscal 2018 guidance "provides solid opportunity for near-term outperformance," Zukin tells investors in a research note titled "Stuffing Our Thanksgiving Dinner With ULTI." He keeps an Overweight rating on the shares with a $225 price target.
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