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Fly News Breaks for August 7, 2019
WK
Aug 7, 2019 | 08:05 EDT
SunTrust analyst Terry Tillman raised his price target on Workiva to $65 and kept his Buy rating after its Q2 earnings beat and above-consensus FY19 guidance along with improved customer metrics showing the benefits of transition to a solution based pricing model, large deal activity, and strong retention rates. The analyst believes the company has multiple upside catalysts that also include international expansion and growing use-case adoption to further accelerate its revenue growth.
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