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Success of Solutions Initiatives Boosts Q3 Results; Raising Price Target from $6.25 to $7.25

CTG, Inc. (CTG) reported strong Q3 ’20 results, surpassing Street expectations as renewed growth in the IT Solutions segment provided a meaningful boost to margins.

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CTG Inc. (CTG)Kevin LiuOctober 21, 2020IT Solutions, IT Staffing, Healthcare IT
CTG Q3 '20 Earnings Preview

CTG, Inc. (CTG) reports Q3 ’20 results on Tuesday, October 20. Our estimates sit nominally below consensus, which includes just one other set of forecasts.

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CTG Inc. (CTG)Kevin LiuOctober 16, 2020IT Solutions, IT Staffing, Healthcare IT
K. Liu's Week in Review

In its quest to become the cloud compliance platform behind every transaction around the globe, Avalara (AVLR) acquired Transaction Tax Resources (TTR), which offers a database of sales and use tax content as well as other enterprise tax automation solutions to over 1,400 enterprise customers.

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Software IndustryKevin LiuOctober 10, 2020ALTR, AVLR, AYX, EXFO, MODN, NCNO, PING, TLND, VERI
K. Liu's Week in Review

As we head into the final quarter of a year like no other, any hope of a less eventful exit from 2020 quickly went out the window. That #RoseGardenMassacre is trending on Twitter and the NFL has postponed a couple of games after three weeks without issue serves as a stark reminder that this is no time for complacency.

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Software IndustryKevin LiuOctober 3, 2020ATEN, BL, EIGI, JAMF, MOBL, PRGS, SAP, TWLO
K. Liu's Week in Review

Monthly data from the United States Postal Service (USPS) revealed an ongoing trend of robust growth in PC Postage revenue, leaving us confident that Stamps.com (STMP) remains poised for another meaningful beat and raise this quarter.

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Stamps.com (STMP)Kevin LiuSeptember 26, 2020BB, CRWD, CXDO, PD, SNCR, SPLK, STMP
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