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Thryv Holdings initiated with a Sector Perform at RBC Capital

RBC Capital analyst Matthew Swanson initiated coverage of Thryv Holdings (THRY) with a Sector Perform rating and $17 price target Thryv is in the midst of a transition from marketing services to a small business focused software-as-a-service platform centered around relationship management capabilities, the analyst tells investors in a research note. The firm believes execution remains key for the shares.

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