Fly News Breaks for December 13, 2019
Dec 13, 2019 | 09:21 EDT
DA Davidson analyst Rishi Jaluria raised his price target on New Relic to $78 and kept his Buy rating after the company's Aanalyst Day presentation. The analyst is positive on the management's focus to generating new recurring revenue, growing its $100K+ customers, and boosting its renewal yields.
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