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Fly News Breaks for January 22, 2018
MLNX
Jan 22, 2018 | 06:15 EDT
DA Davidson analyst Mark Kelleher raised his price target on Mellanox to $80, saying the company is positioned for "solid" top and bottom line growth over the next several years. The analyst cites the company's two key revenue-driving protocols - Infiniband and Etherner - addressing growing markets. Kelleher keeps his Buy rating on Mellanox.
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