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Fly News Breaks for February 7, 2018
ULTI
Feb 7, 2018 | 05:42 EDT
MUFG analyst Stephen Bersey raised his price target for Ultimate Software to $232 citing the company's "solid" Q4 results. Execution materially improved in the quarter, Bersey tells investors in a post-earnings research note. The analyst adds that he's not seen the company this confident about the structure and makeup of its sales force. He reiterates an Overweight rating on Ultimate Software.
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