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Fly News Breaks for December 4, 2015
IPHI
Dec 4, 2015 | 07:50 EDT
Sterne Agee ISI analyst Douglas Freedman initiated Inphi with a Buy rating and $40 price target on shares. Freedman expects Inphi to benefit from secular trends related to the fast growing data traffic that include rising adoption of 100G fiber network speed in telecom applications and 40G/100G within datacenter, and increasing requirement for higher memory loading per server, which is enabled with the adoption of LRDIMM/memory-buffer.
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