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Fly News Breaks for May 1, 2018
IVAC
May 1, 2018 | 07:47 EDT
Maxim analyst Nehal Chokshi downgraded Intevac to Hold from Buy and lowered his price target to $6.50 from $12. The analyst points to the company's guidance cut for its Thin Film Equipment & Photonics, adding that he is also concerned by the pace with which its major customers are moving in oDLC 2.0 transition.
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