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Fly News Breaks for February 8, 2018
DIOD
Feb 8, 2018 | 08:14 EDT
Benchmark analyst Gary Mobley upgraded Diodes to Buy from Hold citing the company's "largely positive" Q4 results, above consensus Q1 guidance and valuation following a 23% pullback since November 1. Mobley, who believes Diodes can take market share and expand gross margins "disproportionately," set a $34 price target on the stock.
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