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Stock impact report

Clarivate's (CLVT) IPfolio Selected by Nissan Motor Co, Here's What You Need to Know [Yahoo! Finance]

Clarivate Plc Ordinary Shares (CLVT) 
Company Research Source: Yahoo! Finance
IPfolio is an intellectual property management software, which will help the company manage and protect its IP efficiently. Nissan will also be able to use the company's advanced workflow automation technology and its leading data analytics tools. That said, Wall Street also maintains a positive outlook on this penny stock, with analysts' 12 month price target suggesting more than 23.9% upside from the current level. However, recently, on December 17, Morgan Stanley analyst Tony Kaplan downgraded the stock from Hold to Sell and lowered the price target from $5 to $3. The analyst noted that one of the main reasons behind the conservative rating is the flat to low-single-digit growth expectation for the information services company. The firm also noted significant headwinds from funding pressures for pharmaceutical, academic, and government sectors, which are expected to hamper Clarivate Plc's (NYSE:CLVT) recovery. Moreover, according to Morgan Stanley, the market also remains compe Show less Read more
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