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June 24, 2014
11:59 EDTWWWWWeb.com sell-off overdone, says SunTrust at SunTrust
SunTrust believes the impact on Web.com (WWWW) from Google's (GOOG) registration initiative will be moderate and manageable in the intermediate term and notes churn is only 1%. The firm would use weakness as a buying opportunity and reiterates its Buy rating and $38 price target.
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