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Fly News Breaks for March 1, 2016
Mar 1, 2016 | 08:18 EDT
Cowen noted Opower's Q4 results showed strong bookings but its guidance underwhelmed investors, leading to a selloff in the shares. The firm keeps it Outperform rating on Opower, citing valuation, its accelerated path to EBITDA profitability, and solid visibility. Cowen lowered its price target to $11.50 from $15 on Opower shares.
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