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Fly News Breaks for February 15, 2019
Feb 15, 2019 | 09:13 EDT
Sidoti analyst Anthony Lebiedzinski downgraded Connection to Neutral from Buy following the 20% move up in the stock on the heels of the company's Q4 report. He noted that management was "generally upbeat" about 2019, but indicated growth would likely slow in the Enterprise Solutions segment. The company's financials are "likely to remain in excellent shape," but he sees no upside to his $40 price target, Lebiedzinski tells investors.
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