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Benzinga
Benzinga
Business
Priya Nigam

How E2open Is Riding The Supply Chain Wave, BofA Says

Supply chain Andrew Obin BofA Securities NYSE

E2open Parent Holdings Inc’s (NYSE:ETWO) shares are likely to re-rate in case SaaS (software as a service) revenue growth continues, according to BofA Securities.

The E2open Analyst: Andrew Obin upgraded the rating for E2open Parent Holdings from Buy to Neutral, while keeping the price target at $12.

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