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Ariba (ARBA) opens +3.3% after shares are upgraded to Conviction Buy from Neutral at Goldman...

Ariba (ARBA) opens +3.3% after shares are upgraded to Conviction Buy from Neutral at Goldman Sachs, which cites improving fundamentals with increased adoption of B2B connectivity and SaaS, accelerated growth and margin expansion, and increased likelihood of M&A. The firm sets a new $40 price target, up from $34.
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