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Fly News Breaks for June 20, 2018
MLNX
Jun 20, 2018 | 06:16 EDT
Piper Jaffray analyst James Fish views the mutual agreement announced by Mellanox Technologies and Starboard as a "win-win" for shareholders. If Mellanox does not execute on its operational plan, which is above expectations, Starboard will likely become directly involved and potentially install someone to execute on the plan, Fish tells investors in a research note. The analyst continues to recommend Mellanox shares with an Overweight rating and $100 price target.
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