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Stock Market & Financial Investment News

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February 21, 2014
08:42 EDTFLTXFleetmatics price target lowered to $42 from $50 at FBR Capital
FBR Capital lowered its price target for Fleetmatics shares to $42 after the company's 2014 outlook missed expectations. FBR attributes the soft outlook to sizeable investments in 2014 and believes the company's business fundamentals remain solid. It keeps an Outperform rating on the stock.
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