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Fly News Breaks for June 7, 2019
Jun 7, 2019 | 07:33 EDT
Oppenheimer analyst Glenn Greene raised his price target for Black Knight (BKI) to $67 from $60 after hosting meetings with the company's management, saying the meetings "provided us greater appreciation" for its positioning across its core segments. In a research note to investors, Greene, who maintains an Outperform rating, says he remains "attracted" to Black Knight's strong market position and profitability, solid pipeline of high-profile client implementations and feels the long-term returns from its recent Dun & Bradstreet (DNB) investment are under-appreciated.
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