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Fly News Breaks for April 5, 2016
GIG
Apr 5, 2016 | 09:07 EDT
Roth Capital analyst Krishna Shankar believes that GigOptix's "transformative acquisition" of Magnum Semiconductor positions the new company, renamed GigPeak, to emerge as a key provider of semiconductor system-on-chip and software platforms for efficient, high quality streaming of data and video. Shankar reiterates a Buy rating and raised his price target on GigOptix's shares to $7 from $5.
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