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Fly News Breaks for November 21, 2017
CRAY
Nov 21, 2017 | 08:12 EDT
As previously reported, Craig-Hallum analyst Chad Bennett upgraded Cray to Buy from Hold as he believes 2017 is likely to be the fundamental bottom in the HPC market and Cray is on the cusp of a new HPC product cycle that will last the next 4-5 years. The analyst also raised his price target on the shares to $28 from $21.
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