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Fly News Breaks for March 5, 2018
WAGE
Mar 5, 2018 | 07:44 EDT
Needham analyst Mayank Tandon suspends his Buy rating and removes his $82 price target on WageWorks after the company's announcement delaying its Q4 earnings due to internal control weakness "related to managing change and assessing risk in the areas of non-routine and complex transactions". The analyst cites a lack of clarity about the impact of the internal controls investigation on the company's financials.
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