Morgan Stanley analyst Josh Baer raised the firm’s price target on Instructure to $34 from $33 and keeps an Overweight rating on the shares. Instructure “continued its solid performance” in Q2, with another beat and raise report, the analyst tells investors. With the company seeing momentum across its different markets and product offerings, the valuation “remains attractive,” the analyst added.
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- Instructure price target raised to $33 from $31 at Citi
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