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Fly News Breaks for July 10, 2019
JCOM
Jul 10, 2019 | 06:11 EDT
JMP Securities analyst Patrick Walravens kept his Outperform rating and $100 price target on j2 Global ahead of his meeting with its CFO Scott Turicchi tomorrow. The analyst says he remains positive on the company given its "effective" M&A strategy, "compelling" valuation, and high level of profitability with a 35% free cash flow yield reported in Q1.
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