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Fly News Breaks for March 24, 2017
VRTU
Mar 24, 2017 | 07:28 EDT
As reported previously, Canaccord analyst Bryan Bergin upgraded Virtusa to Outperform from Market Perform. The analyst cited the stabilization of its large client base and margin expansion plans, benefits from increased scale, current pipeline momentum, and strong earnings growth. Bergin raised his price target to $38 from $29 on Virtusa shares.
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