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December 20, 2013
08:14 EDTSNCRSynchronoss has reached attractive entry point, says Stifel
Stifel believes that consensus investor sentiment holds that Synchronoss will not be able to generate FY14 revenue growth of about 20% - as expected by analysts - largely because its cloud business is behind schedule. Stifel does not believe that the company's cloud business is behind schedule and it keeps a $46 price target and Buy rating on the shares.
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