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Fly News Breaks for December 6, 2019
Dec 6, 2019 | 09:11 EDT
SunTrust analyst Joel Fishbein lowered his price target on PagerDuty to $25 and kept his Hold rating after its Q3 saw a "mixed sales execution". The analyst remains positive on the company's "technology leadership" longer term with an opportunity to grow sales by over 30% for many years, but he also notes its lacking profitability as he awaits improved visibility on the timing of new product contribution to overall revenue.
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