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February 12, 2013
07:26 EDTSNCRSynchronoss new customer win an important step, says Stifel Nicolaus
After Synchronoss announced that it had obtained a major new customer in India, Stifel sees the deployment as a major step forward for Synchronoss, as it is the company's first deal in an emerging market. The firm notes that it will also be Synchronoss' first major cloud deployment, and it maintains a $36 price target and Buy rating on the shares.
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