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Fly News Breaks for December 6, 2017
EMKR
Dec 6, 2017 | 08:56 EDT
Lake Street analyst Jaeson Schmidt says that while he's disappointed in Emcore's weaker December quarter outlook, he recommends using the stock selloff yesterday as a buying opportunity. He lowered his price target for the shares to $10 from $13 and keeps a Buy rating on the name. The analyst believes Emcore's long-term growth opportunities remain.
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