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Rally Software Development’s (RALY) valuation might be getting a little too rich. So concluded Stephens analyst Alex Zukin, who downgraded the enterprise software company to equal weight from overweight in a research report Monday but still boosted his price target on Rally stock to 16 from 14 and said it remains a possible takeover target. Rally Software stock was down 4% in morning trading in the stock market today, near 15.25, but it’s still up Scalper1 News
Scalper1 News