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Fly News Breaks for February 7, 2018
ULTI
Feb 7, 2018 | 09:13 EDT
SunTrust analyst Terry Tillman raised his price target on Ultimate Software to $250 after better than expected Q4 top-line driven by stronger than anticipated growth in recurring revenue. Tillman keeps his Buy rating, noting conservative outlook by the management and more visibility into recurring revenue growth, along with "sustained 20%-plus recurring revenue growth beyond 2018".
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