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Fly News Breaks for May 3, 2017
IPHI
May 3, 2017 | 08:12 EDT
Cowen analyst Timothy Arcuri said the lowered guidance from Inphi was surprising but the growth potential remains out there for the taking. He recommends buying the dip, which has been a working strategy over the past two years. Arcuri lowered his price target to $45 from $56 on Inphi shares but reiterated his Outperform rating.
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