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Q2 Holdings price target raised to $65 from $60 at Truist

Truist raised the firm’s price target on Q2 Holdings to $65 from $60 and keeps a Buy rating on the shares. The company reported solid Q1 results with higher topline, bottom line, and cash flow metrics than the firm expected, the analyst tells investors in a research note. Truist adds that Q2 saw continued momentum with customer wins across net new, expansion, renewal deals.

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