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Fly News Breaks for March 2, 2020
Mar 2, 2020 | 09:25 EDT
RBC Capital analyst Matthew Hedberg raised the firm's price target on Ping Identity to $27 from $23 and keeps an Outperform rating on the shares ahead of its Q4 results this week. The analyst expects the quarter to be strong and believes that the company has the "platform and market position" for sustained growth and margin expansion, benefiting from strong business momentum and growth of remote worker trends.
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