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Fly News Breaks for May 5, 2015
ARRS
May 5, 2015 | 05:40 EDT
Goldman Sachs upgraded ARRIS to Buy citing potential accretion from the proposed acquisition of Pace as well as benefits from cable industry consolidation. Goldman expects ARRIS to return to year-over-year growth in the second half of 2015 and raised its price target for shares to $42 from $38.
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