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Fly News Breaks for October 27, 2016
ARRS
Oct 27, 2016 | 07:19 EDT
Jefferies analyst George Notter recommends using the post-earnings selloff in shares of ARRIS Group as a buying opportunity. The 2017 outlook for the company's CMTS and Transmission businesses are "particularly bright," Notter tells investors in a research note. He says he "really" likes the risk/reward profile at current levels. The analyst reiterates a Buy rating on ARRIS with a $34 price target.
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