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March 3, 2014
06:06 EDTBSFTBroadSoft growth prospects remain strong, says Jefferies
Jefferies expects BroadSoft's profitability to weaken in the near-term as the company accelerates investment in the business, but says it remains a believer in the company's long-term growth opportunity. The firm reiterates a Buy rating on the stock with a $38 price target following BroadSoft’s Q4 results.
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