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Fly News Breaks for January 5, 2016
GIG
Jan 5, 2016 | 08:15 EDT
Roth Capital analyst Krishna Shankar raised his price target for GigOptix to $5 following the company's positive preannouncement. The company's fundamentals in datacenter, high-speed telecom, and industrial ASICs remain strong, Shankar tells investors in a research note. He reiterates a Buy rating on the name.
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