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Fly News Breaks for July 27, 2018
DAIO
Jul 27, 2018 | 08:57 EDT
Lake Street analyst Jaeson Schmidt lowered his price target for Data I/O to $7 saying continued headwinds drove mixed Q2 results. The analyst thinks the revenue was largely related to general softness in the market. He sees limited further downside risk, though, with the shares trading down post-earnings. The analyst maintains a Buy rating on Data I/O.
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