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Fly News Breaks for April 23, 2015
ARRS
Apr 23, 2015 | 07:51 EDT
Brean Capital raised its price target on ARRIS to $44 from $34 following its acquisition of Pace, which removes the company's most aggressive competitor and increases its market share overseas. Management said the deal will be accretive in the first year and the firm believes this is highly plausible. Brean Capital reiterated its Buy rating on ARRIS shares.
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