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Fly News Breaks for November 30, 2018
ZUO
Nov 30, 2018 | 08:07 EDT
Canaccord analyst Richard Davis said the Q3 results from Zuora were good and with the share's decline of roughly 42% since August, they are getting closer to fair value. The analyst said he is looking to see if the stock will go "on sale" before upgrading, but he did lower his price target. Davis maintained his Hold rating and lowered his price target to $23 from $28 on Zuora shares.
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