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Fly News Breaks for April 17, 2019
HOLI
Apr 17, 2019 | 09:15 EDT
JPMorgan analyst Karen Li upgraded Hollysys Automation Technologies to Overweight from Neutral and raised her price target for the shares to $26 from $23. The analyst downgraded the shares on April 9 after being surprised by the company's 7.8M share offering. The withdraw of the share issuance, and Li's corresponding model changes, has driven the upgrade of Hollysys back to Overweight.
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