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Fly News Breaks for August 24, 2018
ACIA
Aug 24, 2018 | 06:56 EDT
As previously reported, BofA/Merrill downgraded Acacia Communications to Underperform from Neutral and maintained a $37 price target. Analyst Tal Llani said shares have re-rated since the ZTE export ban and believes shares could underperform until investments pick-up in China.
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