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Fly News Breaks for November 2, 2018
FARO
Nov 2, 2018 | 08:47 EDT
Craig-Hallum analyst Greg Palm maintained a Buy rating on FARO Technologies but cut his price target to $82 from $65 following softer than expected quarterly results. In a research note to investors, Palm says company-specific progress continues even as macro risks are a growing concern. With that said, Palm says the risk/reward remains attractive.
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