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Fly News Breaks for August 22, 2016
ISIL
Aug 22, 2016 | 07:48 EDT
After the Nikkei reported that Renesas Electronics was nearing an acquisition of Intersil, Stifel analyst Tore Svanberg estimates that the potential takeout value of Intersil is about $20-$23 per share. The analyst raised his price target on Intersil to $20 from $18 and keeps a Buy rating on the stock.
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