UPDATE: Wedbush Securities Initiates Ultimate Software Group at Neutral; Upside Baked In
Wedbush Securities initiated coverage on Ultimate Software Group (NASDAQ: ULTI ) with a Neutral rating and a $86 price target. Wedbush Securities noted, "[W]e see a few potential negative catalysts. One risk is any lengthening of implementation cycles due to larger, more complex deals; this development could reduce
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