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Fly News Breaks for January 14, 2020
ACMR
Jan 14, 2020 | 08:01 EDT
Roth Capital analyst Suji Desilva raised his price target to $32 from $22 as he is encouraged by the company's positive preannouncement of Q4 slightly above prior expectations. More importantly, the analyst is "very encouraged" by the "solid 2020 revenue guidance reflecting strong growth and visibility for the company." He maintains a Buy rating on the shares.
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