Fly News Breaks for December 17, 2019
Dec 17, 2019 | 14:09 EDT
JMP Securities analyst Ronald Josey noted that SurveyMonkey released new Audience pricing rates per response that go into effect in 2020, telling investors that he thinks the change highlights greater adoption of the service. SurveyMonkey was investing in its Audience tools and sales distribution earlier this year and is focused on higher lifetime value annual subscribers and monetization as the product continues to improve, said Josey, who keeps an Outperform rating and $22 price target on SurveyMonkey shares.
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