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Fly News Breaks for October 27, 2015
IDTI
Oct 27, 2015 | 07:48 EDT
Craig-Hallum raised Integrated Device's price target to $30 following the record Q2 report and guidance. Analyst Anthony Stoss said the company is benefiting from continued demand for for its Communications products with orders picking up in China and India. Additionally, Stoss believes IDTI will benefit from Samsung GS7 builds given his belief the company has secured the wireless charging design win. The analyst has a Buy rating on Integrated Device shares.
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