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Research Solutions initiated with a Buy at Lake Street

Lake Street initiated coverage of Research Solutions with a Buy rating and $5 price target. The firm thinks Research Solutions has made “a couple of transformational acquisitions in the last year” to bridge the product gap between itself and comps and its scientific, technical, and medical document search and management platform’s total addressable market has expanded to over $4B from around $1B as a result, the analyst tells investors.

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