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Asure Software price target lowered to $13 from $16 at TD Cowen

TD Cowen lowered the firm’s price target on Asure Software to $13 from $16 and keeps an Outperform rating on the shares. The firm said Q3 reflected continued strength in SMB HCM demand and execution with beats across revenue and EBITDA. However, headline 4Q outlook versus the Street missed expectations.

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