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Fly News Breaks for March 15, 2019
AMOT
Mar 15, 2019 | 09:14 EDT
Craig-Hallum analyst Greg Palm reiterated a Buy rating and $66 price target on Allied Motion Technologies, which is on Craig-Hallum's Alpha Select List, after the company reported Q4 results that were below expectations. Palm called it a "one-quarter hiccup" and said he expects a "sharp bounce back in Q1 and full year 2019 results." The analyst said he would take advantage of the pullback, as it creates an "attractive buying opportunity."
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