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Fly News Breaks for February 25, 2016
DTLK
Feb 25, 2016 | 09:31 EDT
Craig-Hallum analyst Chad M. Bennett downgraded Datalink to Hold and reduced his price target to $8 from $9. Bennett said the company reported Q4 results that were a bit light and the macro environment has proven tough than expected and IT spending patterns are mixed. The analyst is taking a more cautious view of 2016 and trimming gross margin assumptions due to a weak storage outlook.
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