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Fly News Breaks for November 14, 2019
Nov 14, 2019 | 06:42 EDT
Mizuho analyst Gregg Moskowitz raised his price target for Ping Identity to $22 from $20 saying the company's annual recurring revenue growth for Q3 of 23% meaningfully exceeded the Street's 19% target. The analyst believes Ping will broadly benefit from the "growing importance" of identity and access management. He keeps a Buy rating on the shares.
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