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Consensus Cloud Solutions price target raised to $23 from $20 at Oppenheimer

Oppenheimer raised the firm’s price target on Consensus Cloud Solutions to $23 from $20 and keeps an Outperform rating on the shares following the Q2 results. The company’s cost savings actions have helped drive margins higher and Consensus Cloud continues to make progress on its go-to market strategy, the analyst tells investors in a research note.

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