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Fly News Breaks for May 23, 2019
May 23, 2019 | 09:41 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Pros Holdings to $50 after its annual user conference highlighted the management's confidence in the company's competitive positioning as well as the progress being made in its continued B2B and airline cloud migration. The analyst is also keeping his Neutral rating and sees Pros Holdings stock as "fairly valued" at 8.7-times enterprise value to expected 2020 recurring revenue.
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