Baird analyst David Koning initiated coverage of Bill with a Neutral rating and $86 price target.
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Published first on TheFly
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Read More on BILL:
- Bill price target lowered to $120 from $140 at Susquehanna
- Bill doesn’t see structural obstacles preventing 30% operating margins
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Citi cuts Bill target but says risk/reward favorable after selloff
- Bill expects to have access to all corporate deposits and cash
