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Posted by
Two Blokes Jun 27 -
Filed in
Stock
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Shares are down nearly 35% so far this year, as growth expectations for this year remain muted. A weaker US dollar is expected to negatively impact earnings in the coming quarters, with management also lowering its medium term Rule of 40 target. The stock trades at just 2.2 times revenue and 8.2 times operating income, representing a significant discount to its peers.