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Fly News Breaks for June 11, 2019
ARW
Jun 11, 2019 | 07:58 EDT
Deutsche Bank analyst Adrienne Colby reinstated coverage of Arrow Electronics with a Buy rating and $83 price target. The analyst adopted a "selective view" of the technology /electronics supply chain saying a "generally supportive" macro environment is challenged by "rising levels of uncertainty." While trends in the semiconductor market point to near term pressure for component distributors, additional share downside could be limited, Colby tells investors in a research note.
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