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Fly News Breaks for March 2, 2018
IDSY
Mar 2, 2018 | 08:55 EDT
Lake Street analyst Jaeson Schmidt raised his price target for I.D. Systems to $9.50 from $8.50 and reiterates a Buy rating on the shares following the company's Q4 results. The softer than expected quarter is not indicative of any deterioration in the fundamentals or change to the story, Schmidt tells investors in a post-earnings research note. He believes the company's pipeline opportunities remain on track.
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