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Fly News Breaks for September 16, 2015
ARAY
Sep 16, 2015 | 07:13 EDT
Brean Capital said it would use the recent weakness in Accuray shares as a buying opportunity, but added that investors who believe the company will be sold in the near-term will likely be disappointed. The firm believes the outlook for 2016 remains strong and sees little disruption in the financial operations of the company following the CFO resignation announcement. Brean Capital reiterated its Buy rating and $12 price target on Accuray shares.
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