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Fly News Breaks for August 27, 2019
ITI
Aug 27, 2019 | 10:01 EDT
Dougherty analyst Michael Shlisky assumed coverage of Iteris with a Buy rating and $6.50 price target. The company may be in the early stages of an inflection in both its Transportation Systems and Roadway Sensors businesses, Shlisky tells investors in a research note. Iteris, however, trades at a 40% discount to its peer group despite the upcoming inflection, adds the analyst.
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