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Fly News Breaks for October 25, 2019
VCRA
Oct 25, 2019 | 08:40 EDT
As reported previously, Baird analyst Matthew Gillmor downgraded Vocera to Neutral from Outperform as the company's results have been negatively impacted by an elongating sales cycle for larger deals, and management expects this will drive slower revenue growth over the next several quarters. Gillmor lowered his price target to $21 from $35 on Vocera shares.
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