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Fly News Breaks for January 31, 2017
SSNLF, IDTI
Jan 31, 2017 | 09:21 EDT
Craig-Hallum analyst Anthony Stoss raised his price target for Integrated Device (IDTI) to $29 from $25 following quarterly results. The analyst notes that the company guided lower due to Samsung (SSNLF) Galaxy S8 pushout, but says he is a buyer on weakness due to DDR4 ramp, WC Going Mainstream and potential as an M&A target. Stoss reiterates a Buy rating on Integrated Device's shares.
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