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Fly News Breaks for October 31, 2017
VCRA
Oct 31, 2017 | 07:23 EDT
Cantor Fitzgerald analyst Steven Halper views the selloff in shares of Vocera Communications since the company's Q3 results last Thursday night as overdone. The analyst says that while management's mid-teens organic growth outlook for 2018 is below his 20% estimate, he increased his margin assumptions. Halper believes Vocera continues to have financial flexibility and he reiterates an Overweight rating on the shares with a $35 price target.
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