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Fly News Breaks for August 3, 2017
KLIC
Aug 3, 2017 | 09:29 EDT
DA Davidson analyst Thomas Diffely blames the decline in Kulicke & Soffa's stock on "concerns over a peaking cycle and perhaps acquisition related opex increases." The analyst says that the company has multiple strong positive catalysts while its near-term outlook remains positive. He says that the weakness in the shares was "unwarranted" and he keeps a Buy rating on the name.
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