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Fly News Breaks for August 31, 2018
VRTU
Aug 31, 2018 | 08:31 EDT
After hosting meetings with Virtusa, Wedbush analyst Moshe Katri raised his price target on the stock to $70 from $60, stating that management tone remains upbeat on their pipeline strength, expanding digital footprint and significant competitive advantage in the financial services vertical driven by Polaris' IP and expertise. The analyst, who predicts above-sector growth this year from Virtusa, keeps an Outperform rating on the shares.
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