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Wells Fargo Maintains Overweight on Bending Spoons, Raises Price Target to $48
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Shares of software companies are trading lower, possibly after Federal Reserve Chairman Kevin Warsh’s comments on inflation raised concerns that interest rates could remain higher for longer. The prospect of higher rates may weigh on growth-oriented stocks.
Read original at benzingaShares of enterprise application software are trading higher amid sympathy with Salesforce after the company reported Q2 financial results.
Read original at benzinga