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Fly News Breaks for April 6, 2018
DAIO
Apr 6, 2018 | 08:50 EDT
Lake Street analyst Jaeson Schmidt believes the selloff in Data I/O shares since the company's Q4 results in late February creates an attractive entry point. After hosting investor meetings with management, the analyst reiterates a Buy rating on the shares with a $13 price target. Data I/O's exposure to "attractive secular growth trends and strong margin profile offer a compelling story," the analyst tells investors in a research note.
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