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Fly News Breaks for August 2, 2019
IPHI
Aug 2, 2019 | 08:52 EDT
Craig-Hallum analyst Richard Shannon raised his price target for Inphi to $70 from $62 and maintained a Buy rating after the company posted "strong" Q2 results and Q3 guidance. In a research note to investors, Shannon says Inphi's positioning in PAM4 remains very strong and is seeing increasing benefits from coherent DSP.
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