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Imperial Capital Raises Price Target on NIC (EGOV) Following 3Q Report

November 18, 2016 7:53 AM EST

Imperial Capital reiterated an In-Line NIC Inc. (NASDAQ: EGOV), and raised the price target to $23.00 (from $21.00), following the company's 3Q earnings report. EGOV reported quarterly revenue of $80mn, slightly better than estimates of $79mn. EPS of $0.25 was above estimates of $0.19.

Analyst Jeff Kessler... More