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Fly News Breaks for February 8, 2018
IPHI
Feb 8, 2018 | 09:07 EDT
Craig-Hallum analyst Richard Shannon lowered his price target for Inphi to $34 from $42 following quarterly results. Despite soft Q1 guide on lost Colorz customer, the analyst reiterates a Buy rating on the shares saying Q1 should be the bottom and pointed out PAM-4/Colorz and Coherent DSP should be keys to growth starting in 2H18.
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