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Fly News Breaks for August 19, 2019
DIOD
Aug 19, 2019 | 07:39 EDT
Wells Fargo analyst Gary Mobley started coverage of Diodes with an Outperform rating and a $55 price target. The analyst does not believe the market fully appreciates how semiconductor industry consolidation has created a secular tailwind for the company, and does not think the accretion to be generated from the pending Lite-On Semiconductor acquisition is fully discounted in the current share price.
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