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Fly News Breaks for February 8, 2018
IPHI
Feb 8, 2018 | 07:00 EDT
DA Davidson analyst Mark Kelleher lowered his price target on Inphi to $27 after inline Q4 earnings, citing continued weakness in China demand along with the disclosure of a customer that had planned to deploy COLORZ decided late in the decision process to not deploy. The analyst keeps his Neutral rating on Inphi, saying the expected growth is already priced into the stock.
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