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Bill price target lowered to $75 from $105 at Canaccord

Canaccord lowered the firm’s price target on Bill (BILL) to $75 from $105 and keeps a Buy rating on the shares. The firm said the company delivered a solid beat on non-GAAP operating profit and increase in full year non-GAAP EPS expectations and while Q3 revenue was in line with guidance, management lowered full year core revenue guidance.

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