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Fly News Breaks for March 4, 2019
ACIA
Mar 4, 2019 | 08:16 EDT
Craig-Hallum analyst Richard Shannon started coverage of Acacia Communications with a Buy rating and $68 price target. The analyst notes that the Coherent DSP-driven product cycle is ramping again and it is "stronger" than ever. Further, he sees strong sales and EPS growth as Acacia moves further into the cloud.
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