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New Relic price target raised to $90 from $78 at Credit Suisse
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New Relic price target raised to $90 from $78 at Credit Suisse

Credit Suisse analyst Fred Lee raised the firm’s price target on New Relic to $90 from $78 and keeps an Outperform rating on the shares. The firm notes the company delivered a very strong quarter, a significant data point that New Relic is successfully transitioning into a next-generation usage-based business model.

Published first on TheFly

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