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Fly News Breaks for September 11, 2018
IDTI
Sep 11, 2018 | 08:20 EDT
Cowen analyst Karl Ackerman downgraded Integrated Device Technology to Market Perform from Outperform following the announcement of an all cash deal from Renesas. He sees a low regulatory risk of the deal closing. Ackerman raised his price target to $49 from $41 on Integrated Device shares.
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