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Fly News Breaks for August 7, 2015
FLDM
Aug 7, 2015 | 07:59 EDT
Leerink analyst Dan Leonard recommends using the post-earnings pullback in shares of Fluidigm as a buying opportunity. New product cycles will drive "meaningful" revenue acceleration in 2016 and beyond despite the Q2 miss and guide-down, Leonard tells investors in a research note. He cut his price target for the stock to $28 from $45 but keeps an Overweight rating on the name. Fluidigm was downgraded this morning at Piper Jaffray.
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