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Fly News Breaks for June 16, 2015
MLNX
Jun 16, 2015 | 08:15 EDT
After meeting with Mellanox's CEO, Stifel is confident that the company will be far ahead of the competition in the data center Ethernet market, which the firm says is worth about $6B. The firm recommends that investors own the stock ahead of the company's unveiling of its 100G Ethernet switch products, which Stifel says will occur soon. Stifel keeps a $70 price target and Buy rating on the stock.
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